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- Jul 19, 2024
- 2 pages
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- Jul 11, 2024
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- Jul 4, 2024
- 5 pages
This Month
Fight over Baby Boomer housing takes toll on developer
The Melbourne-based developer and landlord faces the twin battles of a slowing market and criticism of a fee structure that other companies do not use.
- Michael Bleby
- Opinion
- Property investment
This fledgling asset class is generating double-digit returns
Investors are earning attractive returns from land lease communities, which can generate an annuity-style income.
- Sam Tamblyn
June
GreenFort Capital targets $800m land lease portfolio
There’s a growing snowball of players and money rolling into the residential property play on one of Australia’s biggest demographic changes.
- Michael Bleby
- Analysis
- Due diligence
Only way to lose on Aussie property? Top short defies doubters
Lifestyle Communities, one of the market’s most shorted stocks, was a key hedge fund bet at the Hong Kong Sohn conference.
- Jemima Whyte
March
Where boards are still going wrong
Only a few chairmen have dared look outside the usual pathways to the board to find a director with deep skills in technology, marketing or human resources.
- Sally Patten
Seven ways to close your gender pay gap from bosses who did it
BOSS speaks to a range of companies that have been working hard to narrow pay disparities between men and women. This is what they did.
- Sally Patten
February
Lifestyle Communities to raise $275m for ‘land lease’ model
An emerging housing option, land lease communities are typically aimed at budget retirees. Residents buy a pre-fabricated home from the housing estate operator then pay a ground rent for their site.
- Nick Lenaghan
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
Stockland hits back at Lifestyle Communities in trademark dispute
The growing importance of the land lease business in resolving Australia’s housing mismatch underpins the court fight between the two developers.
- 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
Stockland to charge up to 10pc more for homes this year
In an ‘uncertain’ market, the developer is charging buyers more. The biggest price rises are coming from sales to the growing cohort of downsizers.
- Michael Bleby
Lifestyle Communities sues Stockland to protect its name
The legal fight to stop the $9 billion developer from using a trademarked name hints at the value companies see in the growing market of affordable housing for downsizers.
- Michael Bleby
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
January 2023
Indebted REITs unlikely to have to raise emergency capital
Debt is an issue for property companies, but it’s not extreme. And there are some major differences from the big GFC downturn.
- 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
May 2022
Lifestyle Communities shrugs off supply chain constraints
The developer of affordable accommodation for downsizers says it has complete certainty over supply as it upgrades its settlement forecast.
- Michael Bleby
March 2022
Buy, hold, sell: four crowded small caps and two that can outperform
Two fund managers share their views on four of the most widely held small-caps on the ASX and share one stock they think can outperform this year.
February 2022
All the profit results for February 15, 2022
Results briefing | News and analysis on today’s profit results from BHP, Atomos, Ansell, Cardinale, Dexus, Elmo Software, GWA, Lifestyle Communities, Money3, Reckon, Seven West, Seek, Sims and Tassal. Find updated reports and analysis here.
- 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