Stockland has sold a shopping centre in Cleveland, Brisbane to syndicator Haben for $103 million.

Stockland Sells Another Neighbourhood Centre

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Stockland shows Price Growth and Allowances make up for Cost Pressures and Weather Events

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.