Stockland Corp Ltd
Company Profile
Business description
Stockland is Australia’s largest housing developer, and this division generates about a third 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
Sydney NSW 2000
AUST: +61 290352000
Sector
Real Estate
Stock type
Cyclical
Industry
REIT - Diversified
Fiscal Year End
30 June 2024
Employees
1,600
Morningstar Investment Ideas
Stocks
ETFs
- Australian ETFs
- Active Australian Equity ETFs
- Passive Australian Equity ETFs
- Emerging Market Equity ETFs
- Sustainable ETFs
- Active Global Equity ETFs
- Passive Global Equity ETFs
- Active Australian Fixed Interest ETFs
- Passive Australian Fixed Interest ETFs
- Active Australian Listed Property ETFs
- Passive Australian Listed Property ETFs
- Active Global Fixed Interest ETFs
- Passive Global Fixed Interest ETFs
- Active Global Infrastructure ETFs
- Passive Global Infrastructure ETFs
- Active Global Property ETFs
- Passive Global Property ETFs
Funds
- Active Australian Equity Funds
- Passive Australian Equity Funds
- Active Global Equity Funds
- Passive Global Equity Funds
- Sustainable Funds
- Emerging Market Equity Funds
- Passive Australian Listed Property Funds
- Active Australian Listed Property Funds
- Passive Global Infrastructure Funds
- Active Global Infrastructure Funds
- Active Global Property Funds
- Passive Global Property Funds
- Active Australian Fixed Interest Funds
- Passive Australian Fixed Interest Funds
- Active Global Fixed Interest Funds
- Passive Global Fixed Interest Funds
Markets
Index
|
Last price
|
Change
|
% Change
|
---|---|---|---|
All Ordinaries | 7,897.50 | 48.10 | 0.61% |
CAC 40 | 7,957.98 | 43.33 | 0.55% |
DAX 40 | 17,982.76 | 86.26 | 0.48% |
Dow JONES (US) | 38,540.63 | 314.97 | 0.82% |
FTSE 100 | 8,207.82 | 35.67 | 0.44% |
HKSE | 18,475.92 | 268.79 | 1.48% |
NASDAQ | 16,114.67 | 273.71 | 1.73% |
Nikkei 225 | 38,236.07 | 37.98 | -0.10% |
NZX 50 Index | 11,938.08 | 64.04 | 0.54% |
S&P 500 | 5,108.44 | 44.24 | 0.87% |
S&P/ASX 200 | 7,629.00 | 42.00 | 0.55% |
SSE Composite Index | 3,104.82 | 8.22 | -0.26% |
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Last price
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Change
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The Star Entertainment Group Ltd SGR | 0.44 | 0.03 | 6.10% |