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4.175 AUD
0.065
1.53%
Last update Apr 2, 1:00 PM AEDT
Main market
Day range
4.17
4.26
Previous close
4.24000
Open
4.2
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Stockland Corporation Limited
4.18
0.07
1.53%

Overview

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Description

Stockland Corporation Limited is a diversified real estate company that plays a significant role in Australia's property market. The company’s primary function is the ownership, development, and management of a broad portfolio that includes residential and land lease communities, retail town centers, and a growing range of workplace and logistics assets. Founded in 1952, Stockland has developed a reputation as a leading creator and curator of connected communities, with a legacy of helping Australians achieve home ownership and supporting the evolution of retail and workspaces. Stockland’s business model is segmented, with approximately one-third of its earnings derived from its substantial residential development division, making it Australia’s largest housing developer. The balance of its operations is rooted in commercial property, with a notable presence in retail and a strategic push into logistics and office spaces. The company also maintains a significant presence in retirement living, designing and managing communities tailored for over-55s and retirees. As of June 2024, Stockland managed over $15.5 billion of real estate assets with an extensive development pipeline valued near $50 billion, reflecting its long-term market influence and commitment to the future of Australian real estate.

About

CEO
Mr. Tarun D. Gupta B.A., M.B.A.
Employees
1600
Address
Level 25
133 Castlereagh Street
Sydney, 2000, NSW
Australia
Phone
61 2 9035 2000
Instrument type
REIT
Sector
Real Estate
Industry
REIT - Diversified
Country
Australia
MIC code
XASX
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