GemLife's IPO documents showing its revenue and earnings illustrate how far the land lease sector has come from its humble beginning as caravan parks. Will there be a further transformation? When the then-new Stockland CEO Tarun Gupta announced the acquisition of Halcyon Group in July 2021, the land lease business included six established communities, four under development, and three in planning...
DIGITAL EDITION
SATURDAY Issue 101
Profit margins show why the $12B land lease sector has institutional investors salivating
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