Ingenia is a leading Australian property group that owns, operates and develops a growing portfolio of lifestyle communities across key urban and coastal markets. It is also an S&P/ASX 300 entity with a market capitalisation of over $500 million.
Ingenia now owns 27 Lifestyle Communities with six under contract or option. It has over 2,100 development sites secured (83% in metro and coastal locations).
In FY16, operating cashflow was strong at $21.0 million (up 133% on FY15). Underlying Profit from continuing operations was $20.2 million (up 20% on FY15).
In FY17, Ingenia will achieve 150+ settlements and position itself for further growth over the medium term. It will also continue to build a quality development pipeline in key metro and coastal locations.