Ingenia Communities Group announced that their FY22 results are anticipated to be at the lower end of the Groupβs guidance range as construction constraints slow delivery.
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Ingenia earnings hit by cost pressures across industry
Ingenia Communities Group have announced a reduction in earnings for FY22 as a results of cost pressures across the industry
Read More »COVID impacts Ingenia’s Earnings
Ingenia Communities Group announced Statutory Profit of $39.8 million for the half year ending 31 December 2021, an increase of 23% on the previous corresponding period however Underlying Profit was down 14% to of $28.1 million, with new home settlements impacted by supply chain challenges.
Read More »Ingenia acquires partially developed lifestyle community in SEQ
Ingenia Communities Group have completed the acquisition of Oakland Village, a partially developed community that was included in the $552 million of acquisitions identified with the Groupβs $475 million equity raising announced on 1 November 2021.
Read More »Ingenia outlays $37m for Big 4 Resort
Ingenia Communities Group today announced that the Group has exchanged contracts to acquire the BIG4 Beacon Resort for $37m.
Read More »Ingenia expands presence in Queensland and Victoria
The Ingenia Communities joint venture with US based Sun Communities has secured its fourth acquisition - a 13.5ha, DA approved greenfield site on the Sunshine Coast.
Read More »Ingenia sees Land lease Demand & Consolidation Increasing
Ingenia Communities delivered it FY21 results announcing a profit growth of 31% as demand for affordable land lease housing continue to build.
Read More »Ingenia Adds NSW South Coast Community
Ingenia Communities Group today announced further expansion of the Groupβs lifestyle and holidays business with the acquisition of an award-winning mixed-use community on the NSW South Coast
Read More »Ingenia FY21 to exceed guidance
Ingenia Communities Group announced that the Groupβs FY21 result would exceed guidance, as a result of strong performance across the operating business.
Read More »Ingenia adds Residential funding platform for land lease residents
Ingenia Communities Group today announced a first ever funding solution for prospective residents to land lease communities established by fintech start up, Land Lease Home Loans.
Read More »Ingenia to Acquire 5 Coastal Holiday Parks
Ingenia Communities Group today announced the further expansion of the Groupβs lifestyle and holidays business with the acquisition of a 16.2-hectare greenfield site and a portfolio of established holiday parks.
Read More »Ingenia Strong Growth but Equity Raise dilutes EPS
Ingenia Communities Group today announced Underlying Profit of $32.8 million for the half year ending 31 December 2020, an increase of 24% on the previous corresponding period, however earnings per share is down -6% following the earlier capital raising.
Read More »Ingenia Communities secures Clean Energy Finance Corporation funds
Ingenia Communities Group today announced the Group has secured a $75 million debt facility from the Clean Energy Finance Corporation (CEFC), which will assist the Group as it increases its focus on carbon reduction and energy initiatives.
Read More »Ingenia expands with acquisitions in Victoria and NSW
Ingenia Communities announced the acquisition of two large, established communities located in Victoria and on the NSW Mid-North Coast as part of a $53m expansion plan.
Read More »Ingenia & Sun Communities Acquire 15.7ha in Morisset
Ingenia Communities with joint venture partner Sun Communities has acquired a 15.7ha site in Morisset for $28.6m.
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