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Eureka Group Holdings to buy six NSW communities for $123.8m

Eureka Group Holdings (EGH) has agreed to acquire six New South Wales lifestyle and mixed-use communities from Ingenia Communities (INA) for $123.8 million, supported by a $80.2 million fully underwritten equity raising and new debt facilities.

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Eureka Group Holdings ASX:EGH has agreed to acquire six New South Wales lifestyle and mixed-use communities from Ingenia Communities ASX:INA for $123.8 million, supported by a fully underwritten $80.2m equity raising and new debt facilities.The NSW Living Portfolio comprises 953 sites across Greate…