Lifestyle Communities Limited advises new home settlements for FY23 are expected to be in the range of 355 to 365 and the company maintains its previous guidance of delivering between 1,100 to 1,300 and 1,400 to 1,700 new home settlements between FY22 and FY24 and FY23 and FY25 respectively.
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Lifestyle Communities Suffer Profit Slide from Fewer Settlements
Lifestyle Communities provided their half year result this week revealing a net profit after tax of $25.3 million, compared to $27.5 million in the same period last year.
Read More »Lifestyle Communities increases its debt facility
Lifestyle Communities Limited has agreed terms with CBA, NAB and HSBC to increase its debt facility by $150 million from $375 million to $525 million.
Read More »Lifestyle Communities Increases Underlying Profit by 69%.
Lifestyle Communities settled 401 new homes in FY22 increasing its homes under management to 3,193 and lifting underlying profit by 69%.
Read More »Lifestyle Communities Valuation gains from sharper cap rates on Communities
Lifestyle Communities has finalised the year-end valuation process for its portfolio of 26 communities showing a $92.6m increase on the prior year.
Read More »Lifestyle Communities on track despite Supply Chain constraints
Lifestyle Communities provided an update on its March quarter saying that their delivery programme was on track despite supply chain constraints.
Read More »Lifestyle Communities Continues Growth
Lifestyle Communities Limited delivered 166 new home settlements, 68 resales settlements, and executed contracts to purchase three new parcels of land during the first half of FY22
Read More »Lifestyle Communities Acquire new Community Site in Merrifield
Lifestyle Communities Limited has acquired a site in Mickleham, Victoria for its latest community.
Read More »Lifestyle Communities add Cowes to Village Pipleine
Lifestyle Communities has executed a contractΒ to purchaseΒ a site located on Phillip Island, in the township of Cowes, which will be the company's 24th community.
Read More »Clouded Skys over Lifestyle Communities
Lifestyle Communities results issued this week show that the REIT has been affected by COVID induced movement restrictions, border closures and general caution amongst it usual customers base.
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