Lifestyle Communities to Offer Existing Homeowners Option to Move to New Deferred Management Fee Model
MT Newswires Live
Dec 09, 2025
Lifestyle Communities (ASX:LIC) will offer all existing homeowners the option to move to the new deferred management fee (DFM) model, according to a Tuesday filing with the Australian bourse.
To date, the DFM under the company's certain residential site agreements with homeowners signed before July 7 cannot be calculated as a precise amount, the filing said.
Under the new model, the fee will be calculated on the homeowner's purchase price and pro-rated over five years to a maximum of 20% of the price, the filing added.
If all homeowners move to the new model, the company expects the carrying value of the DMF component of its investment properties as of June 30 to see a potential adjustment of up to AU$117 million.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.