Lifestyle Communities Limited (ASX: $LIC) presented an investor presentation at the 2024 Macquarie Australia Conference in Sydney from 7 to 9 May 2024. The presentation, authorized by the Board, showcased the company's focus on developing, owning, and managing affordable independent living residential land lease communities. With 32 communities in active development or under management, Lifestyle Communities has established itself as a champion for facilitating a bigger life for its homeowners.
We're champions for facilitating a bigger life for our homeowners. A cohort of like-minded working, semi-retired and retired downsizers who belong to a generation that's seen more change than any before; and possibly any to come. With a relentless focus on a highly impactful customer journey, we aim to amplify moments that matter through service. Our long-term focus on looking after our communities is reflected in our 30-year plan, ensuring that we nurture a culture that is customer and homeowner-centric.
Lifestyle Communities (ASX: $LIC) showcased its commitment to developing, owning, and managing affordable independent living residential land lease communities at the 2024 Macquarie Australia Conference. The company's unique approach includes a relentless focus on customer service, a 30-year reinvestment plan in each community, and the provision of benefits that go beyond the home through Club Lifestyle. Despite the softened residential housing market, Lifestyle Communities remains optimistic about the medium-term macro dynamics and aims to position the business well for when the cycle turns. With a focus on balance sheet strength, counter-cyclical land acquisitions, and increasing project velocity, Lifestyle Communities is poised for continued growth and success in the future.