Business
Ingenia (ASX:INA) share price lifts after $220 million spending spree
The Ingenia Communities Group (ASX: INA) share price is rising today, adding to already solid recent gains, after the company announced its acquired a portfolio of 5 coastal holiday parks.
The Ingenia share price is up 2.08% to $5.09 per share.
Ingenia is an Australian property group that owns, operates and develops a portfolio of lifestyle and holiday communities, with an adjacency in the rental market.
Ingenia’s recent holiday acquisitions
Ingenia’s decision to purchase another 5 coastal parks comes at a boom time for the Australian domestic tourism industry when outgoing travel bans have seen domestic demand for Australian holiday…
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