March 19 (Reuters) - Gateway Lifestyle Group GTY.AX :
* ACQUIRES TWO RESIDENTIAL LAND LEASE COMMUNITIES IN SOUTH AUSTRALIA FOR $45 MILLION
* PURCHASE CONSIDERATION WILL BE PREDOMINANTLY FUNDED FROM EXISTING SYNDICATED DEBT FACILITY
* INCREASED DEBT FACILITY LIMIT TO $280 MILLION AND WEIGHTED AVERAGE MATURITY BY EXTENDING TENURE ON A $70 MILLION TRANCHE TO FEB 2020.