Lifestyle Communities: Acquires a new site in Clyde North, Victoria
- Independent living company Lifestyle Communities has signed a sales contract to purchase a site located in Clyde North, Victoria
- Lifestyle develops, owns and also manages affordable independent living communities for people over 50
- This marks the company’s 21st community and will also used to develop around 275 homes within the expanding Casey corridor
- The Casey growth corridor falls under the Victorian Planning Authority’s urban development plan.
- Further, Lifestyle has purchased an additional 1.2-hectare site adjacent to its existing site in St Leonards
- ifestyle’s shares are up 2.33 per cent and are trading for $7.92 each at market close
