Ingenia is focussed on creating new, high quality, sustainable over 55s communities.
We are focused on creating new, high quality, sustainable over 55s communities and upgrading existing accommodation across our rental and holiday communities. With a dedicated in house team and a range of new developments and expansions underway, development is a key driver of the growth in the over 55s living business.
The Group’s greenfield projects include Australia’s first Green Star Home Community of 261 homes which is underway at Beveridge in Victoria.
Ingenia established a Joint Venture with Sun Communities (NYSE:SUI) in November 2018 to undertake greenfield developments, providing a capital efficient way for Ingenia to expand the Group’s over 55s communities portfolio and generate additional fee streams.
In addition to undertaking greenfield development for the Joint Venture, the Group’s in-house development team also provides services to Ingenia’s managed funds.
More information on greenfield developments currently underway across Ingenia’s portfolio and through the Joint Venture can be found below.