Ingenia Communities (ASX:INA) recently announced its final distribution for the year, which was set at 5.8 AU cents per share.

Looking ahead to fiscal year 2024, the company’s lifestyle rental business is expected to continue its growth, expanding in parallel with projected increases in domestic tourism.

In the company’s continued effort to combat climate change, Ingenia Communities targets to achieve net zero emissions (Scope 1 and 2) by the year 2035.

Ingenia Communities is an Australian company that designs, develops, and manages lifestyle-based accommodation and holiday resorts.