Ingenia Communities Group
(ASX:INA) says it will end the 2015 financial year with 100 manufactured home sales.
The result is well above sales targets of 75 – 80 sales since the group entered the manufactured home sector in March 2013.
Developments in Sydney’s Marsden Park and Lake Macquarie Village in the NSW Central Coast have been selling well.
Ingenia says its strategy of working in preferred metropolitan and coastal markets is working well and they have a good pipeline of developments to continue momentum.
Ingenia reported a net loss of $987,000 for the half year to the end of December 2014.