Page 4 - Building a brand

ISSUE 29 — 14 M AY 2022

“My team has acquired over 50 pure land Longer-term, Rob hopes that Australia’s
lease communities between Tasman land lease sector will see a re-rating
Lifestyle, Gateway and Serenitas. So, we towards the penetration rates of the US.
are very good at accommodating vendors’
tax structuring as well making sure they get “We hope to be the best operator of land
the optimal outcome. lease communities,” he summed up.

“In terms of joint ventures, we have taken “We will seek to continue to grow sensibly
on a number of developments which have over time.”
been started prior to our involvement,
and then brought in both capital and
expertise to assist those developments
to grow quicker.” “If you look at that penetration
of the US versus Australia,
Often, the group will provide the operational
expertise, leaving the development profits there is an opportunity for
and sales with the developer. Serenitas and the industry
on a wider basis to go from
“We have a couple of sites where that has
worked well for both parties because we a capacity of 2,500 new homes
end up with a community in a strategic a year to 10,000 in the next
location and they end up with the
development profits, and we can bring five years. We want to have
a very flexible capital structure to that our share of that 10,000.”
equation, which makes it lower risk for
the developer.”

Australia could reach 10,000 land lease
homes a year

Rob (pictured left) at the opening of The Vantage at Vasse’s Clubhouse

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