Business Description:
Sunland Group Limited (SDG) is an Australian based property development and management company with offices established in Brisbane, Gold Coast, Sydney, Melbourne and Dubai. SDG’s businesses are divided into three operations, being Development, Non-Development and Hotel operations.

Strategy Analysis:
SDG has two main strategies; to increase geographical diversification and to increase property types offered. The core profit is derived from its Australian development portfolio. However, SDG expects its substantial contributor to future earnings will be derived from the growth in the international development portfolio, in particular the Palazzo Versace global rollout and project services income. Its exclusive partnership with the International House of Versace has House of Versace has delivered a powerful springboard to enter new global markets. Over the past two years, the company has focused on the capital management by way of debt reduction and recycling capital through the expansion of key joint venture relationship in both Australia and Dubai. . Sunland Group reported NPAT up 17% to $21.42m for the year ended 30 June 2011. Revenues from ordinary activities were $256.11m, up 6% from the same period last year. Basic and Diluted EPS were 9.30 cents compared to 6.40 cents last year. The net operating cash inflow was $43.68m compared to an outflow of $98.16m in the pcp. No dividend was declared.