Brief: Lifestyle Communities Agrees Commercial Terms On Three Of Land Opportunities

Lifestyle Communities

23/04/2024 02:24

April 23 (Reuters) - Lifestyle Communities Ltd  LIC.AX :
    * AGREED COMMERCIAL TERMS ON THREE OF LAND OPPORTUNITIES
    * CURRENTLY IN AN EXCLUSIVE DUE DILIGENCE PHASE ON EACH
SITE.
    * SEES SETTLEMENT EXPECTATIONS FOR FY25 ARE 425 TO 475
    * NEW HOME SETTLEMENTS FOR FY24 ARE NOW ESTIMATED TO BE IN
RANGE
OF 290 TO 310
    * TARGET NEW HOME SETTLEMENT RANGE FOR FY23 TO FY25 WILL BE
1,080
TO 1,130
    * REMAIN COMFORTABLE WITH FY24 TO FY26 RANGE OF 1,400 TO
1,700 NEW
HOME SETTLEMENTS
    * RESALE SETTLEMENTS FOR FY24 ARE EXPECTED TO BE BETWEEN 145
AND
155
    * AVERAGE CAPITAL GROWTH REMAINS STRONG AT 9.8% FOR FY24 TO
DATE

Further company coverage:  LIC.AX 

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