Business Summary

Aspen Group Limited is an Australia-based provider of accommodation. The principal activities of the Company are owning and operating properties in the accommodation sector. The Company operates through three segments. Residential segment consists of the two Lindfield apartment buildings, the Perth House Portfolio, the Cooks Hill co-living community, the Burleigh Heads residential community, the Mount Barker land site, and the Upper Mount Gravatt co-living community. Retirement Communities segment consists of four communities, which caters to customers who are typically over-50 years old, including Four Lanterns, Sweetwater Grove, Mandurah Gardens and Lewis Fields. Park Communities segment consists of seven park communities, which caters to a range of customers on varying lease types and terms. It owns and manages a portfolio of accommodation assets, which include approximately 18 properties located across New South Wales, Washington, South Africa, Queensland and Northern Territory.