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Why it matters for retirement property
For downsizers, the corporate battle may seem a long way removed from choosing a new home.
But it highlights how valuable Australia's rapidly growing land lease sector has become to large global investors.
Operators such as Ingenia own and manage communities where residents own their homes while paying an ongoing site fee for the land.
That creates a combination of residential development income and recurring rental style income for operators.
Land lease has also grown rapidly as more Australians look for housing that allows them to downsize while potentially freeing capital from their family home.
Ingenia is one of Australia's largest operators in the sector, with a substantial portfolio of lifestyle communities as well as holiday parks.
The repeated approaches from a major global private equity firm are another indication that Australia's over 55s housing market is attracting attention well beyond traditional retirement property companies.
Ingenia has not agreed to a takeover and there is no certainty the proposal will result in a transaction.
Related on Downsizing.com.au
The Rise of Land Lease Living in Australia
From Caravan Parks to Lifestyle Communities: The Evolution of Land Lease Living
Where Land Lease Communities Are Growing in A
