Stockland

Elanor Investors will be out raising capital for the acquisition of the Riverton Forum shopping centre, in Perth for $98.8 million.

GPT and Stockland have expanded their Kemps Creek land holdings in deals this week worth this $87m.

Stockland and Compost Revolution have teamed up to deliver a first-of-its-kind program to empower, educate and equip Stockland’s masterplanned communities to support the better disposal of organic waste, reducing landfill and avoiding greenhouse gas emissions in the process.

Mirvac will start construction on the $135 million Charlton House – the latest stage of Australia’s first racecourse fronting new community, Ascot Green – as Brisbane’s historic Eagle Farm continues to undergo a major redevelopment, helping to address the significant shortage of new apartments in the city.

Stockland has received Development Approvals for its Leppington Business Park (Stage 2) and Ingleburn Logistics Park (Stage 3) from Camden Council and Campbelltown City Council respectively, providing more than 84,000 square metres of much-needed logistics space in Sydney’s growing south west corridor.

Stockland delivered a statutory profit of $1,381 million, up 25% from $1,105 million in FY21 thanks to revaluation gains and improved earnings from operations as the transformation of the Group continues.

Stockland, one of Australia's largest diversified property groups, was joined by Mitchell Shire and future residents today to mark the start of construction at Stockland Lyra, a $555 million community in Beveridge.

Stockland, one of Australia’s largest diversified property groups, was joined by the City of Geelong and future residents today to mark the start of construction at Stockland Banksia, a $193 million community at Armstrong Creek.

Stockland’s development application (DA) for a contemporary workplace development at 110-122 Walker Street, North Sydney, has been approved, achieving a significant milestone for the ‘Affinity Place’ project.

Stockland has launched a new retail incubator initiative the S Connect ‘Starter’ program, to assist ambitious small businesses grow, thrive and gain exposure through a retail space in a Stockland Town Centre.

Stockland today announced the acquisition of a 77-hectare residential development site, on extended terms, at 944-1024 Ripley Road, South Ripley, building on its presence in Ipswich and South East Queensland to meet much-needed demand for new housing.

Stockland has acquired a 26.12 hectare site in Curlewis, Victoria where it plans to submit a masterplan for a land lease community (LLC) including approximately 325 land lease homes and 100 residential homes.

Stockland, one of Australia's largest diversified property developers, is continuing its expansion into Melbourne’s northern corridor with the launch of Stockland Lyra, a $555 million community in Beveridge

Stockland said the impact of cost inflation and weather events has been more than offset by price growth and contingency allowances with its operating margins across its residential development business remaining intact, enabling the Group to re-affirm its full-year earnings guidance of 35.1¢ to 35.6¢ per security.

Stockland has acquired a 13 hectare site at Thompsons Road, Clyde North for $47.5m to further expand its growing Victorian Land Lease Communities (LLC) portfolio.