RCL Group Stock

RCL Group (RCL), formerly Babcock & Brown Residential Land Partners (BBRLP), comprises RCL Group Limited (RCLGL) and RCL Group Trust (RCLGT). The principal activity of RCL consists of residential land subdivision and property development in the geographical areas of Australia and New Zealand. RCL has four segments: Consolidated projects, which involves residential inventory projects controlled by the Company; Australian Mezzanine projects, which involves Australian residential projects not controlled by the Company, but for which the Company has provided mezzanine finance; NZ Mezzanine Projects, which involves New Zealand residential projects not controlled by the Company, but for which the Company has provided mezzanine finance; and Other, which includes all other facets of the Company's business, including its 60% controlling investment in PRM Property Group, its 50% investment in PRM Holdings, its investment in a residential development at Kalynda in Townsville, Queensland.