ASX Announcements
Initial Director's Interest Notice - Lisa Scenna
Initial Director’s Interest Notice
- May 1, 2024
- 2 pages
Notification regarding unquoted securities - INA
Appendix 3G (Notification of Issue, Conversion or Payment up of Unquoted Equity Securities)
- Apr 5, 2024
- 6 pages
Notification of cessation of securities - INA
Appendix 3H (Notification of cessation of securities)
- Apr 3, 2024
- 4 pages
March
$2.1b market darling Ingenia Communities in Warburg Pincus’ sights
Warburg Pincus went as far as engaging advisors – Jefferies Australia and Corrs Chambers Westgarth – and made its informal interest known to Ingenia.
- Sarah Thompson, Kanika Sood and Emma Rapaport
February
Ingenia settlement revenue jumps as home-building constraints ease
The developer of affordable housing for downsizing over-55s could not avoid higher building costs, which have narrowed its new-home profit margin.
- Michael Bleby
- Analysis
- Due diligence
Over-50s housing group Ingenia gets a glow-up
An incoming CEO, the exit of a big backer, and the appearance of an investor behind one of the market’s most talked about deals. There’s nothing sedate about Ingenia.
- Jemima Whyte
November 2023
The growth of this housing sector surprises even one of its pioneers
Simon Owen, about to step down after 14 years leading Ingenia Communities, says the expansion of the land lease business came quicker than he expected.
- Michael Bleby
October 2023
Mirvac in $1b play to house downsizing Boomers
Mirvac will spend $300 million to acquire a near-half stake in the Serenitas portfolio of 27 land lease communities – affordable accommodation for downsizing baby boomers.
- Michael Bleby
Ingenia’s largest shareholder presses sell; JPM nabs $165m block
Shares were being offered under a variable price book build from $3.90 apiece to $4.02.
- Sarah Thompson, Kanika Sood and Emma Rapaport
August 2023
Builders find opportunity in a tough market
The latest industry figures show a further decline in new home sales but some builders are tapping new markets of customers seeking smaller homes.
- Michael Bleby
June 2023
‘Better value’ from niche property trusts in volatile times
Unlike large A-REITs that mostly invest in office, industrial and retail assets, these own specialised assets that are less cyclical.
- Tony Featherstone
May 2023
- Opinion
- Construction
Not all construction companies are a mess – this is where to look
With high underlying demand, there are lucrative potential returns for those that can survive current pressures.
- Elio D'Amato
- Exclusive
- Commercial real estate
Stockland plans up to 14 new land lease communities in two years
Australia’s housing system is fast evolving beyond the suburban quarter-acre block, and its largest developers are buying in to that change – at scale.
- Michael Bleby
November 2022
Ingenia cuts settlement outlook on delays, shortages, costs
The developer of affordable accommodation still expects to complete more homes than last year, but has cut its expected settlement total this year by 12 per cent.
- Michael Bleby
Home builders say 1m target at risk as rates rise
The Housing Industry Association is warning the RBA to wait for current increases to take their full effect before raising rates further.
- Michael Bleby
September 2022
Housing downturn won’t be steep and deep: UBS
A variety of factors will keep housing stronger, and that’s good news for two of the country’s largest developers.
- Michael Bleby
February 2022
Ingenia ‘at the mercy’ of builders to meet settlement goals
The developer and operator of affordable downsizing accommodation is counting on a doubling of home settlements in the second half to meet its earnings guide.
- Updated
- Michael Bleby
All the profit results for February 22, 2022
Results briefing | News and analysis on today’s profit results from Alumina, AMA Group, ARB, AUB, Cochlear, Coles, Costa, Deterra, Estia, G8 Education, HomeCo Daily Needs, Hub24, Humm, Ingenia, Johns Lyng, Jumbo Interactive, Judo Bank, Macquarie Telecom, Macmahon, Monadelphous, Nanosonics, Perenti, RAM Essential, Regis Resources, Seven Group, Superloop, Uniti, Virtus, Whispr. Find updated reports and analysis here.
- Updated
- Andrew Hobbs
- Exclusive
- Commercial real estate
Mirvac to expand into land lease homes for baby boomers
The decision to invest in the sector is a turnaround for Mirvac, which about a year ago sold a site for an affordable community to a specialist operator.
- Michael Bleby
November 2021
Ingenia snags holiday bookings surge as lockdowns lift
The operator of caravan and holiday cabin sites says a 26 per cent increase, year-on-year, in reservations and deposits shows “massive” pent-up demand.
- Michael Bleby
Ingenia lays out $552 million acquisition pipeline
As the land lease sector for downsizing Baby Boomers matures, the developer has bought its way to expand in the premium lifestyle niche of the market.
- Michael Bleby
Ingenia raising $475m for Seachange Group acquisition
Ingenia Communities Group has tapped Goldman Sachs, Jarden and UBS to help it raise $475 million to acquire Seachange Group.
- Anthony Macdonald, Yolanda Redrup and Kanika Sood
October 2021
Buy, hold, sell: Australian Clinical Labs, MNF Group, Orica, Ingenia
Five ASX-listed stocks that are on a raging run and upgrading their earnings.
