Media ReleasesIngenia Communities Group

View All Ingenia Communities Group News


Ingenia Announce Plans to Expand with Acquisition of Eighth Gate Capital Management

Ingenia to expand with acquisition of Eighth Gate Capital Management

Highlights

  • Conditions precedent met for acquisition of funds and asset management business (Eighth Gate Capital Management)
  • Ingenia to invest $19.6 million to acquire the operating business and an interest in the Funds
  • Adds 759 permanent homes and 844 holiday sites, increasing lifestyle sites under management by more than 26%
  • Extends Ingenia’s clusters in NSW and South East Queensland and provides market leading entry into Victoria
For further information please download the attached PDF: Download this document