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Ingenia Proposes $2.185 Per Share Deal for Peet to Forge Largest ASX Living Platform

10:09am on Wednesday 26th of August, 2026 AEST Real Estate
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Ingenia Proposes $2.185 Per Share Deal for Peet to Forge Largest ASX Living Platform

10:09am on Wednesday 26th of August, 2026 AEST
Key Points
  • Transaction values Peet shares at $2.185 combining cash and Ingenia stapled securities
  • Deal creates largest pure-play ASX-listed living sector platform with ~35,000 residential lots
  • Peet board and major shareholders back the scheme, subject to approvals
  • Combined group expected to join S&P/ASX 200 and benefit from operational synergies
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