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Posts Tagged ‘queensland’

Aussie Manufactured Home Community Owner on the Hunt

November 27th, 2015 Comments off

ingenia_communities__australiaWith 24 manufactured home communities as part of its 63 property portfolio, Ingenia Communities Group is focusing on the Queensland region of Australia for its expansion efforts, as couriermail informs MHProNews.

Ingenia CEO Simon Owen, in Brisbane attending a conference on retirement living, said with an ageing population he sees 30 years of growth ahead. “We have six people working full time on mergers and acquisitions and we’re working on 20 acquisitions across Australia at the moment. Eight of those are in Queensland. We have identified southeast Queensland as our key growth market and they are a mixture of caravan parks (RV communities) with vacant land and greenfield sites.”

Noting the growth in the industry comes from acquiring properties, Owen says the growth has been sudden. “When we first started buying these manufactured home parks or caravan parks I remember having to take a busload of fund managers on a trip and many weren’t actually aware that this was an asset class,” he said. “Over the last two years manufactured home communities and caravan parks have become institutionalised. There are now four companies listed on the ASX in this space.##

(Photo credit: Ingenia Communities Group)

matthew-silver-daily-business-news-mhpronews-comArticle submitted by Matthew J. Silver to Daily Business News-MHProNews.

Fleetwood Poised to take Advantage of Opportunities Down Under

August 12th, 2015 Comments off

australian manufactured home community  intenational to  creditFleetwood Corporation Ltd. (ASX:FWD) of Australia produces manufactured and modular homes and buildings for residential, educational and commercial applications, and has a recreational vehicle division as well, according to dailyreckoning.au.

Although the report at the end of 2014 showed revenue had fallen 18 percent due to a weakness in the workforce housing sector for mining, since then Fleetwood has rebounded in the educational area, refurbishing, relocating and storing modular classrooms. Additionally, the revenue drop has also been offset by growth in the offsite residential market.

In May, FWD announced it had entered an agreement to become the exclusive supplier of manufactured homes for Gateway Lifestyle Group’s manufactured home communities (MHC) in Queensland and northern New South Wales.

Fleetwood seems well positioned to take advantage of baby boomers as they downsize and consider relocating into an MHC. In addition, as MHProNews understands, the demand is growing for modular classrooms, which should also improve the bottom line for Fleetwood. ##

(Photo credit: inte-nationalto-manufactured home community in Australia)

matthew-silver-daily-business-news-mhpronews-comArticle submitted by Matthew J. Silver to Daily Business News-MHProNews.

Fleetwood Snags Two Year Australian Deal

May 19th, 2015 Comments off

fleetwood_corp_au_news_yahoo__creditAccording to au.news.yahoo, the Fleetwood Corporation will produce manufactured homes for Gateway Lifestyle to populate its 36 manufactured home communities in Queensland, New South Wales and Victoria, in Australia. The announcement of the two-year contract, with a possible two-year extension, moved the share price up 7.87 percent.

MHProNews has learned Gateway has 1,815 home sites available for manufactured homes that will be produced at Fleetwood’s Crestmead plant in Queensland. ##

(Photo credit: au.news.yahoo)

matthew-silver-daily-business-news-mhpronews-comArticle submitted by Matthew J. Silver to Daily business News-MHProNews.

Aussie Housing Minister Addresses MH Community Residents

April 30th, 2014 Comments off

Tim Mander, Minister for Housing and Public Works of Queensland, Australia, attended forums at two manufactured home communities (MHCs) to discuss the Newman government’s review of the Manufactured Homes Act 2003 and the Retirement Villages Act 1999. Member of Parliament (MP) Andrew Powell hosted Mr. Mander at Maleny Grove Retirement Village and Sunstone Gardens over 50s Village, according to viewnews.com.au. Noting comments from Queenslanders following the survey the government conducted last year of manufactured home owners, as MHProNews.com last reported Dec. 16, 2013, Mr. Mander said, “There are approximately 21,000 manufactured homes in parks (communities) across Queensland, many of them owned by retirees and seniors, so it is essential that the rights of all parties are clearly defined and understood.” ##

(Photo credit: internationalto.com–Australian manufactured housing community)

Modular Home built into Steep Cliff

January 8th, 2014 Comments off

A modular house for sale in Townsville, Queensland, Australia offers spectacular views of Cleveland Bay from every room as it rests on 18 large steel pins drilled 20 feet into the rock foundation below. “It’s a very strong design because all of the columns work in unison, like spokes on a bike. Some are pulling and some are pushing, but it doesn’t move, it’s like a masonry house,” says engineer builder Dick Cerny. Built to withstand winds up to 316 mph, Cerny owns four neighboring lots and intends to build similar homes on them as well. As MHProNews has learned from news.com.au, the home sits on the northeast coast of Australia and is on the market for $1.05 million.

(Photo credits: news.com.au–cliffside modular home in Australia)

Survey of Manufactured Home Owners/Operators ends Dec. 20

December 16th, 2013 Comments off

Following up on a story MHProNews published Sept. 18, 2013 regarding a survey of manufactured home owners and community operators being conducted by the Queensland, Australia government, respondents must reply by Dec. 20. The survey includes questions on a range of topics including sales, operations, utility charges, rent increases and dispute resolution to make sure the government is keeping up with the rapidly evolving industry. Housing Minister Tim Mander says, “The Newman Government promised to lower the cost of living and cut red tape so we want to ensure the law provides fair outcomes for manufactured home owners without imposing too much regulation on operators.” The Australian Taxation Office has proposed another tax on manufactured homes sites which the Newman government believes is unfair. “It’s simply not fair for manufactured home owners to be slugged with an additional cost that doesn’t apply to people renting other types of dwellings like apartments or houses,” according to international.to. The results will be released by mid-2014.

(Photo credit: international.to)

Australian Firm Focusing Exclusively on Manufactured Housing Communities

September 11th, 2013 Comments off

Updating a story we last posted Sept. 4, 2013 about the acquisition of two manufactured housing community (MHCs) properties by Ingenia Communities in Australia, MHProNews has learned the company has raised $61.5 million to fund the acquisition of eight additional MHCs. Although contracts have been exchanged on only the Drifters Holiday Village at Kingscliff on the north coast of New South Wales (NSW), the company will announce the purchase of the remaining seven properties when the deals are finalized. Chief Executive Simon Owen states the company intends to focus solely on MHCs. “We spent two years researching this market before we made our first acquisition,” he said. All eight properties are in NSW, close to urban areas, or in Sydney. “We want to build a dominant footprint in the NSW market before we look to expanding into Queensland and Western Australia,” Mr. Owen said, as reported by theaustralian.com.au.

(Photo credit: thinkstock.com)

There is Nothing Gimpy about Gympie

September 9th, 2013 Comments off

The South Pacific Ocean city of Gympie, just north of Brisbane, Australia is home to Gympie’s Wholesale Building Solutions, manufacturer of modular homes using a fire resistant, insulating foam panel. Karra Corbet bought the Australian rights to Polyphen, and on Sept. 8, the first completed modular residence was loaded onto a truck. The foam construction is conducive to alterations and additions. “If you want an air conditioner or another window, you cut a hole in the wall,” says Corbet. As gympietimes.com.au tells MHProNews, she has orders for 500 homes going to north Queensland and 3,000 for the Asia-Pacific region.

(Photo credit: Tanya Easterby/gympietimes.com.au–Karra Corbet handing house keys to owner of first production home.

Modular Homes for the Inundated Down Under

February 1st, 2013 Comments off

NewsMail tells MHProNews 1,000 homes in the Bundaberg, Australia area will need assistance following floods that inundated Queensland in eastern Australia and shut down 300 roads, including two major highways to the state capital in Brisbane. Minister for Housing and Public Works Tim Mander says, “Right now we’ve got enough temporary camp buildings on their way to provide beds for up to 340 people and cooking facilities for roughly 650. Those buildings will start to arrive in Bundaberg over the weekend.” He says modular homes will be brought in within the coming weeks to provide more permanent housing until people can build or rebuild their own homes. Bundaberg is in east central Australia on the South Pacific coast.

(Photo credit: Scottie Simmonds/NewsMail–Bundaberg, Queensland, Australia)