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

Ingenia to expand with acquisition of Eighth Gate Capital Management


  • 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
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