Lifestyle Communities (LIC)

Shares / Stock Code

LIC

Stock Exchange / Sharemarket

Australian Securities Exchange

Lifestyle Communities (LIC) formerly Namberry Limited (NMB) is an operator and developer of resort-style independent-living villages exclusively for those aged 55 and over. The focus of the company is on capitalising on growing demand from baby boomers and retirees for affordable lifesyle housing. Previously, Namberry (NMB) (previously Pracom) provided a range of management outsourcing and specialist software services to the telecommunications industry in Australia, NZ and Asia.

The company, originally known as Pracom was established in 1988 and listed on the Australian stockmarket (ASX) in 1998. In 2002, the company restructured to focus on outsourced services to companies. Following the acquisition by Service Stream Ltd, the company changed its name to Namberry in March 2005. In June 2007, the company changed its name and code to LIC following the purchase of The Lifestyle Communities Group and switched its focus to housing sector.

Lifestyle Communities specialises in creating and managing affordable, master planned resort communities for people who are too young, too active and too independent for traditional choices. You'll find Lifestyle Communities are the perfect place to enjoy the best that life can offer, whether it's active outdoor pursuits or relaxing in pleasant surroundings with friends and family.

Combining outstanding resort facilities with stylish new homes in a fully landscaped environment, Lifestyle Communities strike the perfect balance between privacy and independence whilst encouraging a vibrant and rewarding community in which to live.

Lifestyle Communities (LIC) Products and Services

  • Providing "resort style" housing for the over 50's

Lifestyle Communities (LIC) Locations and Subsidiaries

Lifestyle Communities Head Office
Level 2, 35 Market St, SOUTH MELBOURNE,
VIC, AUSTRALIA, 3205
Phone: (03) 9682 2249
Fax: (03) 9682 1236

Lifestyle Communities (LIC) Share Price

Submitted by ASX Listed Company on 12 May, 2010 - 16:51

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