Eureka Group Holdings (ASX:EGH) acquires two all-age rental communities on Victoria’s east coast

Eureka Group Holdings (ASX:EGH) has entered into binding agreements to acquire two all-age rental communities on Victoria’s east coast, expanding its regional housing portfolio and increasing exposure to growing demand for affordable living. The acquisitions of Frenchview Lifestyle Village and Paynesville Holiday Park add scale to Eureka’s portfolio, with further upside through development and site optimisation.

🏡 Acquisition of two Victorian communities adds a combined 199 sites, including a mix of land lease homes, rentals, and development-ready sites.
📍 Assets located in growing regional areas benefiting from population inflows and strong demand for affordable housing.
📈 Additional upside through site expansion, reconfiguration, and future development, supporting long-term portfolio growth.

Eureka Group Holdings Managing Director and Chief Executive Officer Simon Owen commented:

“These acquisitions are consistent with Eureka’s strategy of expanding its all-age rental portfolio in regional locations supported by favourable demographic and housing market fundamentals. Upon completion and development, the assets are expected to contribute more than 200 rent collecting sites to the Group’s portfolio.”

ASX Announcement ⚡
https://announcements.asx.com.au/asxpdf/20260422/pdf/06yr0wb4w9cxtr.pdf

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