Stockland Corp Ltd
Company Profile
Business description
Stockland is Australia’s largest housing developer, and this division generates about 40% of the group’s funds-from-operations. Near two thirds comes from commercial property, about half of which is retail. It also has a growing land-lease business. The mix is evolving. Earnings from the residential development division are volatile though we expect volumes and margins to improve over the next five years, after a challenging 2023 where interest rate rises caused house price falls. In commercial property the group is trimming retail and adding office and industrial via acquisitions and developments. Stockland-stapled securities comprise one share in the corporation that largely operates developments and one unit in a trust that holds the property portfolio.
Contact
133 Castlereagh Street
Level 25
SydneyNSW2000
AUST: +61 290352000
Sector
Real Estate
Stock type
Cyclical
Industry
REIT - Diversified
Fiscal Year End
30 June 2025
Employees
1,600
Morningstar Investment Ideas
Markets
Index | Last price | Change | % Change |
---|---|---|---|
All Ordinaries | 8,567.00 | 12.10 | -0.14% |
CAC 40 | 7,213.32 | 14.87 | 0.21% |
DAX 40 | 19,146.17 | 141.39 | 0.74% |
Dow JONES (US) | 43,792.38 | 383.91 | 0.88% |
FTSE 100 | 8,149.27 | 64.20 | 0.79% |
HKSE | 19,601.11 | 103.90 | -0.53% |
NASDAQ | 18,930.80 | 35.34 | -0.19% |
Nikkei 225 | 38,026.17 | 326.17 | -0.85% |
NZX 50 Index | 12,765.24 | 28.18 | 0.22% |
S&P 500 | 5,936.57 | 19.46 | 0.33% |
S&P/ASX 200 | 8,323.00 | 3.30 | -0.04% |
SSE Composite Index | 3,370.40 | 2.41 | 0.07% |