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Lifestyle Communities to raise $275m for 'land lease' model
An emerging housing option, land lease communities are typically aimed at budget retirees. Residents buy a pre-fabricated home from the housing estate operator then pay a ground rent for their site.
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Scentre Group: Westfield owner reports rent rises of 7.6 per cent, beating inflation
While sales growth has come off the boil at its malls, the company is locking in rental growth. That’s good news for its investors.
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