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Ingenia Communities Group (INA.AX)

INA.AX on Australia Stock Exchange

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27 Jul 2017
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Latest Key Developments (Source: Significant Developments)

Ingenia Communities says group on track to deliver FY17 EBIT guidance
Monday, 19 Jun 2017 09:39pm EDT 

June 20 (Reuters) - Ingenia Communities Group ::On track to deliver EBIT guidance of $30 million for FY17.Provides EBIT guidance of $42 million - $46 million for FY18, subject to no material change in market conditions.Expects FY18 settlements in range of 260-280 new homes.  Full Article

Ingenia Communities Group says acquisition of lifestyle communities to be funded by capital raising
Tuesday, 2 May 2017 09:28pm EDT 

May 3 (Reuters) - Ingenia Communities Group :Announces institutional placement and 1 for 11 accelerated non-renounceable pro-rata entitlement offer to existing securityholders.Acquisition of five lifestyle communities to be funded by $74 million capital raising.Placement to raise $32 million.  Full Article

Ingenia Communities issues acquisition and sales update
Tuesday, 15 Nov 2016 04:10am EST 

Ingenia Communities Group : Increases home settlement forecast from 150+ to 170+ for 2017 financial year . acquisitions expected to contribute to growth in fy18 as ingenia's target for home settlements increases to over 260 homes . target of 260+ settlements for 2018 financial year .acquisition and sales update-ina.ax.  Full Article

Ingenia Communities Group to sell down deferred management fee portfolio
Tuesday, 27 Sep 2016 07:58pm EDT 

Ingenia Communities Group : Agreed all terms with forum partners for transfer of majority of DMF assets into a new vehicle, to be owned jointly by Forum and Ingenia . Had exchanged contracts for sale of majority of group's deferred management fee (DMF) portfolio .Has also entered into an asset management agreement with Forum.  Full Article

Ingenia Communities says acquisition of South West Rocks Tourist Park
Sunday, 13 Dec 2015 05:31pm EST 

Ingenia Communities Group:Says Acquisition of south west rocks tourist park.Immediately accretive acquisition of south west rocks tourist park, a premium mixed use park within the group's mid north coast cluster.Acquiring the leasehold park for $8.5 million, via an off-market transaction on an initial yield of over 8%.  Full Article

Ingenia Communities Group updates on acquisition of Lakeside Lara for $16.3 mln
Monday, 19 Oct 2015 07:18pm EDT 

Ingenia Communities Group:Says acquisition of Lakeside Lara, 60 kilometres from Melbourne in an existing operating cluster, for $16.3 million.Entered into an unconditional contract to acquire the Lakeside Lara manufactured home community in Lara, Victoria.Says ongoing collection of home site rents which, at completion of the development, is forecast to exceed $2.1 million per annum.Anticipate Lakeside Lara making a significant contribution to sales and earnings from the 2016 calendar year".  Full Article

BRIEF-Ingenia Communities Group says acquisition of lifestyle communities to be funded by capital raising

* Announces institutional placement and 1 for 11 accelerated non-renounceable pro-rata entitlement offer to existing securityholders