The fast-growing boutique land lease community developer has announced former Ingenia Communities’ Chief Investment Officer Natalie Kwok as its new Chief Operating Officer.
The newly created role comes as Vivacity targets ambitious growth, aiming to increase its assets under management from $300 million to over $1 billion within the next five to seven years. The company is also preparing to expand its footprint into South Australia and Victoria, building on its strong presence in New South Wales and Queensland.
Vivacity currently has more than 2,000 home sites either completed or in development and plans to triple that pipeline in the coming years. Just last month, it acquired a site in Berkeley, Wollongong, approximately 85km south of Sydney, adding to its portfolio of eight active projects.
Natalie, who left ASX-listed Ingenia in September after 12 years, brings deep expertise in the land lease sector through her former senior executive roles and her past position as Chair of the Residential Land Lease Alliance.
“Natalie joins Vivacity at a pivotal moment in our growth trajectory,” said Jonathon Mendez, Vivacity’s Founder and Managing Director. “In her new role, she will lead our growth strategy by driving operational excellence and strategic execution across the business.”
Vivacity has also welcomed another former Ingenia executive, Andrew Bodiam, who joins as Acquisitions Manager to support the company’s expansion plans.
Get the most important industry news straight to your inbox. Subscribe to our free newsletter: https://www.theweeklysource.com.au/newsletter-subscription-form