INGENIA COMMUNITIES GROUP — Major Shareholding Notification 2015

Mar 1, 2015

Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To_Company Name/Scheme	Ingenia Communities Group
ACN/ARSN		Ingenia Communities Holdings Limited - ACN 154 444 925
		Ingenia Communities Management Trust - ARSN 122 928 410
		Ingenia Communities Fund - ARSN 107 459 576

1. Details of substantial holder (1)

Name	Cohen & Steers, Inc. and all bodies controlled by Cohen & Steers,
	Inc. (named in this form and in Annexures)
ACN/ARSN (if applicable)	N/A

There was a change in the interests of the substantial holder on	16/2/2015
The previous notice was given to the company on	$\frac{1}{2}$
The previous notice was dated	16/1/2015

2. Previous and present voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

Class of securities (4)	Previous notice			Present notice
	Person's votes	Voting power (5)	Person's votes	Voting power (5)
Fully Paid Ordinary units	53,844,686	6.1267%	66,077,928	7.5187%

3. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

Date of change	Person whose relevant interest changed	Nature of change (6)	Consideration given in relation to change (7)	Class and number of securities affected	Person's votes affected
See Annexure А

4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder of relevant interest	Registered holder of securities	Person entitled to be registered as holder (8)	Nature of relevant interest (6)	Class and number of securities	Person's votes
See Annexure в

	when the company of the company of	______	__
The company's company's company's

5. Changes in association

The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

Name and ACN/ARSN (if applicable)	Nature of association
N/A	N/A

6. Addresses

The addresses of persons named in this form are as follows:

Name	Address
Cohen & Steers, Inc.	280 Park Avenue, New York, NY 10017, USA
Cohen & Steers Capital Management, Inc.	280 Park Avenue, New York, NY 10017, USA

Signature

print name	Stephen Laving	capacity	Compliance Manager, Vice President
sign here		date	27/2/2015

DIRECTIONS

• If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the $(1)$ manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 6 of the form.
• See the definition of "associate" in section 9 of the Corporations Act 2001. $(2)$
• See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001. $(3)$
• The voting shares of a company constitute one class unless divided into separate classes. $(4)$
• The person's votes divided by the total votes in the body corporate or scheme multiplied by 100. $(5)$
• Include details of: $(6)$
• any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) $(a)$ applies, a copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and
• any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or $(b)$ disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies)

See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

• Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired $(7)$ has, or may, become entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.
• If the substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) write $(8)$

"unknown".

(9) Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.

Annexure A

THIS IS THE ANNEXURE A OF FIVE PAGE REFERRED TO IN FORM 604 FOR COHEN & STEERS, INC. AND ALL BODIES CONTROLLED BY COHEN & STEERS, INC.

DATE OF CHANGE	PERSON WHOSE RELEVANT INTEREST CHANGED	NATURE OF CHANGE (6)	CONSIDERATION GIVEN IN RELATION TO CHANGE (7)	CLASS AND NUMBER OF SECURITIES AFFECTED	PERSON'S VOTES AFFECTED
16 JANUARY 2015	COHEN AND STEERS CAPITAL MANAGEMENT, INC.	PURCHASE OF SECURITIES	\$28,135.22	66,539	66,539
16 JANUARY 2015	COHEN AND STEERS CAPITAL MANAGEMENT, INC.	PURCHASE OF SECURITIES	\$20,190.52	47,750	47,750
20 JANUARY 2015	COHEN AND STEERS CAPITAL MANAGEMENT, INC.	PURCHASE OF SECURITIES	\$70,253.11	168,217	168,217
20 JANUARY 2015	COHEN AND STEERS CAPITAL MANAGEMENT, INC.	PURCHASE OF SECURITIES	\$40,389.37	96,710	96,710
21 JANUARY 2015	COHEN AND STEERS CAPITAL MANAGEMENT, INC.	PURCHASE OF SECURITIES	\$140,466.38	340,748	340,748
21 JANUARY 2015	COHEN AND STEERS CAPITAL MANAGEMENT, INC.	PURCHASE OF SECURITIES	\$142,762.68	345,573	345,573
21 JANUARY 2015	COHEN AND STEERS CAPITAL MANAGEMENT, INC.	PURCHASE OF SECURITIES	\$71,723.81	173,990	173,990
21 JANUARY 2015	COHEN AND STEERS CAPITAL MANAGEMENT, INC.	PURCHASE OF SECURITIES	\$59,665.50	144,427	144,427

DATE OF CHANGE	PERSON WHOSE RELEVANT INTEREST CHANGED	NATURE OF CHANGE (6)	CONSIDERATION GIVEN IN RELATION TO CHANGE (7)	CLASS AND NUMBER OF SECURITIES AFFECTED	PERSON'S VOTES AFFECTED
29 JANUARY 2015	COHEN AND STEERS CAPITAL MANAGEMENT, INC.	PURCHASE OF SECURITIES	\$125,437.88	300,000	300,000
29 JANUARY 2015	COHEN AND STEERS CAPITAL MANAGEMENT, INC.	PURCHASE OF SECURITIES	\$146,977.49	350,000	350,000
11 FEBRUARY 2015	COHEN AND STEERS CAPITAL MANAGEMENT, INC.	PURCHASE OF SECURITIES	\$67,994.26	170,918	170,918
11 FEBRUARY 2015	COHEN AND STEERS CAPITAL MANAGEMENT, INC.	PURCHASE OF SECURITIES	\$538,957.06	1,354,783	1,354,783
11 FEBRUARY 2015	COHEN AND STEERS CAPITAL MANAGEMENT, INC.	PURCHASE OF SECURITIES	\$41,472.13	104,249	104,249
11 FEBRUARY 2015	COHEN AND STEERS CAPITAL MANAGEMENT, INC.	PURCHASE OF SECURITIES	\$58,762.09	147,711	147,711
13 FEBRUARY 2015	COHEN AND STEERS CAPITAL MANAGEMENT, INC.	PURCHASE OF SECURITIES	\$35,699.05	87,535	87,535
13 FEBRUARY 2015	COHEN AND STEERS CAPITAL MANAGEMENT, INC.	PURCHASE OF SECURITIES	\$199,843.45	486,693	486,693
13 FEBRUARY 2015	COHEN AND STEERS CAPITAL MANAGEMENT, INC.	PURCHASE OF SECURITIES	\$217,086.4	528,686	528,686

DATE OF CHANGE	PERSON WHOSE RELEVANT INTEREST CHANGED	NATURE OF CHANGE (6)	CONSIDERATION GIVEN IN RELATION TO CHANGE (7)	CLASS AND NUMBER OF SECURITIES AFFECTED	PERSON'S VOTES AFFECTED
13 FEBRUARY 2015	COHEN AND STEERS CAPITAL MANAGEMENT, INC.	PURCHASE OF SECURITIES	\$378,28.72	92,757	92,757
13 FEBRUARY 2015	COHEN AND STEERS CAPITAL MANAGEMENT, INC.	PURCHASE OF SECURITIES	\$28,145.3	69,013	69,013
13 FEBRUARY 2015	COHEN AND STEERS CAPITAL MANAGEMENT, INC.	PURCHASE OF SECURITIES	\$138,669.61	337,712	337,712
13 FEBRUARY 2015	COHEN AND STEERS CAPITAL MANAGEMENT, INC.	PURCHASE OF SECURITIES	\$16,813.04	41,226	41,226
13 FEBRUARY 2015	COHEN AND STEERS CAPITAL MANAGEMENT, INC.	PURCHASE OF SECURITIES	\$46,900.86	114,221	114,221
13 FEBRUARY 2015	COHEN AND STEERS CAPITAL MANAGEMENT, INC.	PURCHASE OF SECURITIES	\$54,675.2	134,065	134,065
13 FEBRUARY 2015	COHEN AND STEERS CAPITAL MANAGEMENT, INC.	PURCHASE OF SECURITIES	\$353,512	860,933	860,933
13 FEBRUARY 2015	COHEN AND STEERS CAPITAL MANAGEMENT, INC.	PURCHASE OF SECURITIES	\$14,680.93	35,998	35,998
13 FEBRUARY 2015	COHEN AND STEERS CAPITAL MANAGEMENT, INC.	PURCHASE OF SECURITIES	\$29,634.50	72,171	72,171

$\mathcal{A}_{\mathcal{A}}$

$\sim 10$

$\mathcal{F}_{\mathcal{A}}$ .

DATE OF CHANGE	PERSON WHOSE RELEVANT INTEREST CHANGED	NATURE OF CHANGE (6)	CONSIDERATION GIVEN IN RELATION TO CHANGE (7)	CLASS AND NUMBER OF SECURITIES AFFECTED	PERSON'S VOTES AFFECTED
13 FEBRUARY 2015	COHEN AND STEERS CAPITAL MANAGEMENT, INC.	PURCHASE OF SECURITIES	\$16,070.80	39,406	39,406
13 FEBRUARY 2015	COHEN AND STEERS CAPITAL MANAGEMENT, INC.	PURCHASE OF SECURITIES	\$40,890.68	99,584	99,584
16 FEBRUARY 2015	COHEN AND STEERS CAPITAL MANAGEMENT, INC.	PURCHASE OF SECURITIES	\$97,680.38	237,888	237,888
16 FEBRUARY 2015	COHEN AND STEERS CAPITAL MANAGEMENT, INC.	PURCHASE OF SECURITIES	\$65,087.82	158,513	158,513
16 FEBRUARY 2015	COHEN AND STEERS CAPITAL MANAGEMENT, INC.	PURCHASE OF SECURITIES	\$985,687.47	2,400,515	2,400,515
16 FEBRUARY 2015	COHEN AND STEERS CAPITAL MANAGEMENT, INC.	PURCHASE OF SECURITIES	\$881,610.53	2,147,049	2,147,049
16 FEBRUARY 2015	COHEN AND STEERS CAPITAL MANAGEMENT, INC.	PURCHASE OF SECURITIES	\$47,673.22	116,102	116,102
16 FEBRUARY 2015	COHEN AND STEERS CAPITAL MANAGEMENT, INC.	PURCHASE OF SECURITIES	\$19,106.33	46,531	46,531
16 FEBRUARY 2015	COHEN AND STEERS CAPITAL MANAGEMENT, INC.	PURCHASE OF SECURITIES	\$80,273.18	195,495	195,495

DATE OF CHANGE	PERSON WHOSE RELEVANT INTEREST CHANGED	NATURE OF CHANGE (6)	CONSIDERATION GIVEN IN RELATION TO CHANGE (7)	CLASS AND NUMBER OF SECURITIES AFFECTED	PERSON'S VOTES AFFECTED
16 FEBRUARY 2015	COHEN AND STEERS CAPITAL MANAGEMENT, INC.	PURCHASE OF SECURITIES	\$49,082.45	119,534	119,534

$\begin{picture}(120,20) \put(0,0){\line(1,0){150}} \put(15,0){\line(1,0){150}} \put(15,0){\line(1,0){150}} \put(15,0){\line(1,0){150}} \put(15,0){\line(1,0){150}} \put(15,0){\line(1,0){150}} \put(15,0){\line(1,0){150}} \put(15,0){\line(1,0){150}} \put(15,0){\line(1,0){150}} \put(15,0){\line(1,0){150}} \put(15,0){\line(1,0){150}}$ PRINT NAME: STEPHEN LAVINE SIGN HERE: 27/2/2015 DATE:

þ.

$\mathsf{V}$

Annexure B

THIS IS THE ANNEXURE B OF ONE PAGE REFERRED TO IN FORM 604 FOR COHEN & STEERS, INC. AND ALL BODIES CONTROLLED BY COHEN & STEERS, INC.

HOLDER OF RELEVANT INTEREST	REGISTERED HOLDER OF SECURITIES	PERSON ENTITLED TO BE REGISTERED AS HOLDER (8)	NATURE OF RELEVANT INTEREST (6)	CLASS AND NUMBER OF SECURITIES	PERSON'S VOTES
COHEN & STEERS CAPITAL MANAGEMENT, INC.	SUMITOMO		POWER TO CONTROL THE VOTING AND/OR DISPOSAL OF SECURITIES AS INVESTMENT MANAGER	FULLY PAID ORDINARY SHARES 48,389,660	48,389,660
COHEN & STEERS CAPITAL MANAGEMENT, INC.	BNY MELLON		POWER TO CONTROL THE VOTING AND/OR DISPOSAL OF SECURITIES AS INVESTMENT MANAGER	FULLY PAID ORDINARY SHARES 2,067,713	2,067,713
COHEN & STEERS CAPITAL MANAGEMENT, INC.	STATE STREET		POWER TO CONTROL THE VOTING AND/OR DISPOSAL OF SECURITIES AS INVESTMENT MANAGER	FULLY PAID ORDINARY SHARES 14,486,972	14,486,972
COHEN & STEERS CAPITAL MANAGEMENT, INC.	US BANK		POWER TO CONTROL THE VOTING AND/OR DISPOSAL OF SECURITIES AS INVESTMENT MANAGER	FULLY PAID ORDINARY SHARES 1,133,583	1,133,583

PRINT NAME: STEPHEN LAVINE SIGN HERE: $\overline{\mathcal{C}}$

DATE:

27/2/2015