Tag Archives: INA

Ingenia Communities Group announced that their FY22 results are anticipated to be at the lower end of the Group’s guidance range as construction constraints slow delivery.

Ingenia Communities Group have announced a reduction in earnings for FY22 as a results of cost pressures across the industry

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.

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 Group’s $475 million equity raising announced on 1 November 2021.

Ingenia Communities Group today announced that the Group has exchanged contracts to acquire the BIG4 Beacon Resort for $37m.

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.

Ingenia Communities delivered it FY21 results announcing a profit growth of 31% as demand for affordable land lease housing continue to build.

Ingenia Communities Group today announced further expansion of the Group’s lifestyle and holidays business with the acquisition of an award-winning mixed-use community on the NSW South Coast

Ingenia Communities Group announced that the Group’s FY21 result would exceed guidance, as a result of strong performance across the operating business.

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.

Ingenia Communities Group today announced the further expansion of the Group’s lifestyle and holidays business with the acquisition of a 16.2-hectare greenfield site and a portfolio of established holiday parks.

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.

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.

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.

Ingenia Communities with joint venture partner Sun Communities has acquired a 15.7ha site in Morisset for $28.6m.