ID_LAND EXPANDS INTO FUNDS MANAGEMENT, ACQUIRES GISBORNE AND ARMSTRONG CREEK PARCELS, EYES OFF QUEENSLAND

ANNOUNCEMENT

ID_Land are proud to announce the acquisition of two further sites in Gisborne and Armstrong Creek that will add $400m to our $2.5bn pipeline, as well as our diversification into private funds management with the launch of Title Capital.

The newest Gisborne acquisitions encompass two parcels; 180ha of farmland and an 86ha residentially zoned site, the latter of which will be developed into a master-planned community. Meanwhile in Armstrong Creek, our team has amalgamated a number of sites along Barwon Heads Road to create our fourth land estate in the region, Haymont, consisting of over 400 lots with an end value of over $100m.

Read more on page 35 of today’s The Australian Financial Review, or via:
https://www.afr.com/.

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