Managed Funds

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The Group’s funds management business was established in August 2019 with the acquisition of Eight Gate Capital Management, an established funds management business with $140 million in Assets Under Management across closed end six funds. 

Ingenia’s co-investment in each of the funds provides access to the property returns from the individual assets and the Group also derives fees for management services (including development and asset management). 

The assets, which comprise lifestyle communities and holiday parks, are located in established clusters and operate under the Allswell Communities brand.