We are focused on creating new, high quality lifestyle 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 lifestyle communities business.
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 lifestyle 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.