Ingenia Communities GroupASX: INA

INA to Aquire Four Parks Underwritten by $60m Equity Raising

· Issued by Ingenia Communities Group

Filed with ASX · · 32 pages · English

• Acquisition of four Lifestyle Parks for $59.2 million in key Metro and Coastal locations – three under conditional contract with negotiations well advanced on the fourth • Earnings accretive from deployment of capital raising proceeds • Includes strategic acquisition of last A-Grade freehold caravan park in Sydney and significant land bank • Adds 760 income producing sites in total – increases i

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