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Ingenia Communities Group (INA.AX)

INA.AX on Australia Stock Exchange

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Latest Key Developments (Source: Significant Developments)

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

Ingenia Communities Group acquires build-ready Lifestyle Park in Brisbane
Sunday, 5 Jul 2015 07:40pm EDT 

Ingenia Communities Group:Says it has acquired the Upstream Bethania manufactured home estate in Bethania, Brisbane.Says Upstream Bethania is Ingenia's third Lifestyle Park acquisition in Queensland.Says Ingenia is acquiring the Park for $8.15 million.  Full Article

Ingenia Communities Group enters into contracts to divest three of its Garden Village rental village
Wednesday, 3 Jun 2015 07:36pm EDT 

Ingenia Communities Group:Says that it has entered into contracts to divest three of the company's Garden Village rental villages.Says villages, which are in regional NSW and Victorian locations, are non-core for Ingenia and will be sold for $6.65 million.  Full Article

More From Around the Web

BRIEF-Ingenia acquires Cairns Coconut Holiday Resort

* Has exchanged contracts to acquire Cairns Coconut Holiday Resort for $50 million Source text for Eikon: Further company coverage: