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2 clusters · 2 sources · 22 days · First seen · Last updated

Eureka Group property acquisitions

Overview

Eureka Group Holdings Limited has engaged in a series of significant property acquisitions in Australia to expand its residential rental and land-lease portfolio.

In August 2026, the company announced the $18.4 million acquisition of the Mandurah Coastal Holiday Park in Western Australia. This 4.05-hectare site includes various rental dwellings, cabins, and caravan sites, along with approvals to develop 66 additional land-lease home sites.

Following this, in September 2026, Eureka Group entered into a “transformational” agreement to acquire the NSW Living Portfolio from Ingenia Communities Group for A$123.8 million. This acquisition involves six retirement and mixed-use communities across Greater Sydney, the Central Coast, Hunter Valley, and Shoalhaven, totaling 953 sites. To finance this larger deal, the company initiated an A$80.2 million entitlement offer and secured A$80 million in new debt facilities from Westpac and National Australia Bank.

Entities

Simon Owen · Eureka Group Holdings Limited · Eureka Group Holdings Ltd · National Australia Bank · Westpac

Timeline

  1. 24 days ago

    [BUSINESS] 2 sources
    Eureka Group to acquire NSW retirement assets for A$123.8 million

    Eureka Group is acquiring six New South Wales retirement and mixed-use communities from Ingenia Communities Group for A$123.8 million, expanding its portfolio by 21%.

  2. about 2 months ago

    [BUSINESS] 3 sources
    Eureka Group acquires Mandurah Coastal Holiday Park for $18.4 million

    Eureka Group Holdings has acquired Mandurah Coastal Holiday Park in Western Australia for $18.4 million, expanding its affordable rental and land-lease housing footprint in a high-growth regional market.

Sources

mingtiandi.com · newsnreleases.com