History

 

Consolidated Properties was established in 1979 on Queensland’s Sunshine Coast.  Founded by Don O’Rorke and Steve Tyson, CPG has become one of Queensland’s most successful property companies.

From a modest beginning the Group has grown and built a solid reputation as a developer and owner of quality commercial, retail, industrial and residential projects.  CPG has now completed more than 100 major projects across all sectors of the development market.

In December 2004 Trinity Consolidated Group Limited acquired a 50 per cent interest in Consolidated Properties and listed Trinity Consolidated Group (ASX:TCQ) on the Australian Stock Exchange.

In mid 2006, TCQ acquired full control of Consolidated Properties through a scrip-for-scrip merger. 

This strategic transaction delivered Trinity a $2 billion-plus “pipeline” of high quality, well located property development projects which Trinity has first option to purchase.

Now listed as Trinity Group, TCQ is an integrated property business with activities including:

  • Property investment
  • Funds management, and
  • Property development (through Consolidated Properties)

Trinity has a clear growth strategy and is well on track to achieve its target of $1 billion of funds under management by 2009, while continuing to source at least 70 percent of TQC earnings from rent and recurrent fees.

As the development subsidiary of Trinity, CPG can continue to build its pipeline of national developments supported by a robust balance sheet.

Trinity Group

 

 

 
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