Bell Potter projects strong growth for Australia's GemLife Communities; shares hit record high

GemLife Communities

17/10/2025 24:55

** Bell Potter initiates coverage on Australia's GemLife Communities GLF.AX and sets PT at A$5.55; recommends "buy"

** GLF rises as much as 2.9% to A$4.96, its all-time high

** Bell Potter forecasts a 15% rise in EPS CAGR over the next three years for GLF due to increased development and settlement ramp-up, with highest gross build margins within the sector

** GLF's integrated builder model, QLD, and greenfield development distinguishes and positions it strongly to capture market share in Australia’s aging population-driven real estate sector — Bell Potter

** Adds developer-operator of land lease communities has an experienced management team with skin in the game

** All four analysts rate the stock "buy"; set the median PT at A$5.40, according to data compiled by LSEG

(Reporting by Keshav Singh Chundawat in Bengaluru)

((Keshav.singhchundawat@thomsonreuters.com))