Land lease communities: GemLife considers $700M+plus raising at $2Bn valuation
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Land lease communities: GemLife considers $700M+plus raising at $2Bn valuation
GemLife’s bankers, JPMorgan, Morgan Stanley and Highbury Partnership, took about two dozen fund managers through four sites in Queensland on Monday and Tuesday last week, ahead of a non-deal roadshow planned for Asia this week as the business, owned by the Puljich family and Thakral Capital, the Australian subsidiary of Thakral Corporation, a Singapore-listed company, looks to become a public company. If it goes ahead, the IPO will be one of onl…
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