TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
The latest update is out from Gemlife Communities Group ( (AU:GLF) ).
GemLife Communities Group has announced the completion of its acquisition of the initial eight Aliria projects, which will add 2,200 sites to its portfolio, supporting future growth. This acquisition expands GemLife’s portfolio to 28 communities and projects, totaling an expected 8,711 homes and sites, with further acquisitions planned for late FY25 to FY31, indicating a strategic expansion in the Land Lease Community sector.
More about Gemlife Communities Group
GemLife is a leading developer, builder, owner, and operator in Australia’s Land Lease Community sector, specializing in premium resort-style communities for homeowners aged 50 and over. The company focuses on creating master-planned communities that offer high-quality, low-maintenance homes with exceptional lifestyle and recreational amenities, promoting active and socially connected living for those over 50.
Average Trading Volume: 2,452,224
Learn more about GLF stock on TipRanks’ Stock Analysis page.