AVJennings Limited is an Australia-based company engaged in residential development. The Company operates in two segments. The States segment includes activities related to land development, integrated housing, apartment development and home improvements. The Other segment includes corporate transactions entered into by the head office, which are not state-based. As of June 30, 2011, the total number of lots under the Company's control and management was approximately 11,300. As of June 30, 2011, the Company had 34 wholly owned subsidiaries. The Company's ultimate parent entity is SC Global Developments Limited. On August 1, 2010, the Company sold its Contract Building division, which involves customer contracts to build a home with the Company on land they have sourced themselves, to Sekisui House Limited.