Stockland (company)

From Wikipedia, the free encyclopedia

Stockland (ASX: SGP) is a diversified Australian property development company.

Founded in 1952 as a residential developer, it listed on the Australian Stock Exchange in 1957 and diversified into commercial developments in the 1960s.

Its current activities include:

management of shopping centers, 38 mainly smaller centres in regional Australia,
ownership and management of 36 office towers in Australian capital cities, the majority in Sydney.
distribution centres, industrial and office parks, in five Australian capitals with its biggest holdings in Sydney.
residential developments around Sydney, Melbourne, Brisbane and Perth.
several apartment developments across Australia
a chain of apartment-style hotels in Australia's capital cities.

The company has assets of around $9 billion AUD and a market capitalization around $8.5 billion. The current managing director is Matthew Quinn, and the board chairman is Peter Daly. A notable board member is deputy chairman and former Premier of New South Wales Nick Greiner.