Lifestyle Communities Limited (LCOMF) Financial

Lifestyle Communities Ltd. engages in the development, ownership, and management of land lease communities. The company is headquartered in South Melbourne, Victoria and currently employs 164 full-time employees. The company monitors all settings, including local house prices, national economic indicators, demographics, design trends, environmental advances and customer expectations. The Company’s land lease model allows working, semi-retired, and retired people to downsize their family home to free up equity in retirement, whilst enjoying resort-style living including pools, gyms, clubhouse, cinema, lawn bowls, tennis, and others. The company has over 29 residential land lease communities under contract, in planning, in development, or under management. Its communities include Bayside and Peninsula communities, Bellarine communities, South-East communities, North Victoria communities, and West Victoria communities. Its subsidiaries include Lifestyle Investments 1 Pty Ltd, Lifestyle Developments 1 Pty Ltd, Lifestyle Management 1 Pty Ltd, among others.