10 November 2025
KDL Property Group has more than doubled its development pipeline to almost $2 billion after more than 10 strategic acquisitions, reinforcing its leadership in delivering affordable housing solutions.
The new acquisitions across southeast Queensland growth corridors add around $1.2 billion in end value to KDL’s portfolio, taking its total active pipeline to more than 3,100 lots and over 300 townhouses.
KDL is at the forefront of addressing Queensland’s housing needs through the strategic delivery of large-scale residential projects, providing much-needed relief from the current supply and affordability crisis.
Significantly, the expanded pipeline will include a mix of land and completed homes, which will be delivered by KDL’s wholly owned building division Ryse Construction.
KDL Founder and Managing Director Kent Leicester said the past year had seen exceptional growth for the company with 403 lots completed and multiple institutional affordable housing partnerships secured.
“KDL has now completed around 1,400 lots since 2012 and is on track to deliver close to another 400 lots in the next 12 months,” he said.
“Our latest acquisitions have added 2,150 lots to the KDL pipeline with the majority of these forecast to be delivered within the next four years, including a substantial number of completed homes by Ryse Construction.
“These new projects have also expanded our footprint from the Logan and Moreton Bay growth corridors to Ipswich and Toowoomba, providing more essential housing options for growing communities.”
The most recent KDL acquisitions are located across Burpengary, Joyner and Waraba in Moreton Bay, Logan Reserve in Logan, Yamanto, Ripley and South Ripley in the Ipswich growth corridor, and Meringandan in the Toowoomba growth corridor. Development Applications have been lodged or are pending for most sites.
KDL currently has five active land projects across the Greater Brisbane region, along with some commercial developments, including a recently completed childcare centre at Burpengary East.
KDL is both the land developer and builder in a Housing Australia Future Fund (HAFF) partnership delivering 359 dwellings across multiple KDL communities in Moreton Bay and Logan, with the program’s first 41 dwellings handed over last month.
The company is also a land delivery partner in the Everyone’s Place program, which will see KDL provide a total of 291 lots for the construction of 483 affordable homes, with the support of the Queensland Government.
“We are playing a pioneering role in the delivery of affordable housing with unique planning outcomes and construction programs that meet affordability criteria without compromising on quality or design,” Mr Leicester said.
“As both land developer and builder, our streamlined, vertically integrated business model enables more efficient land use and smarter lot sizing, together with shorter build times and cost savings across design and construction.
“These savings can then be passed on to owners, investors and tenants while maintaining strong outcomes in terms of liveability, finish and environmental performance.
“We are looking forward to another exciting year of growth with new partnerships and record numbers for both KDL and Ryse.”
Find out more about current and future KDL projects here.
