Gemlife Communities GroupASX: GLF

GLF contracts new greenfield development site in Townsville

· Issued by Gemlife Communities Group

Filed with ASX · · 2 pages · English

GemLife Communities Group (ASX: GLF) ("GemLife" or "the Group") is pleased to announce it has entered into an unconditional contract to acquire a 32.5ha greenfield development site in Townsville, Queensland for $21 million. GemLife will seek a development approval for over 500 manufactured home sites and associated community facilities, increasing the Group’s portfolio and development pipeline to

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