Lifestyle Communities (ASX:LIC) has made an announcement predicting settlements in the FY24 to be weighted towards the second half of the fiscal year.

They are also planning to deliver between 1,400 and 1,700 new home settlements between FY24 and FY26.

Over the next three years, the company anticipates that resale settlements, which attract DMF, will range from 550 to 750.

Lifestyle Communities is an Australia-based residential property development company, specializing in creating communities for people aged 50 and over.