Lifestyle Communities is considering options for growth when the subdued housing market in Victoria turns around, chief executive Henry Ruiz said on Friday, after US giant Hometown took a near-10 per cent stake in the developer of housing for downsizing Baby Boomers.
Ruiz, who has headed ASX-listed Lifestyle Communities for a year, said the company was focused on improving its performance to position itself for expansion beyond Victoria. Its shares have fallen by more than one-third over the past year,
