INA 0.62% $4.88 ingenia communities group

Ann: Appointment of Chief Executive Officer, page-3

  1. 892 Posts.
    lightbulb Created with Sketch. 74
    Good appointment though, Mirvac is probably the only building company in Australia that has ever got "Residential Development" right, and he was head of that Division.

    There's massive opportunities in getting that part of the business right, given the need for new dwellings and the growing objections to just seeing cheap towers go up all over the place.

    Take a look at the Tramsheds development at Forrest Lodge for how high density living can end up being embraced by the local community, even within an area with huge heritage concerns. I used to live in a 100yr old heritage terrace just nearby, so saw all the objections, but Mirvac won most of them over.
 
watchlist Created with Sketch. Add INA (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.