Stockland

Australian property development company From Wikipedia, the free encyclopedia

Stockland Corporation Limited is a diversified Australian property development company. It has business in shopping centers, residential estates, industrial estates and manufactured housing communities.

Company typePublic
FoundedAs Stocks & Holdings (1952; 74 years ago (1952))[1]
Quick facts Company type, Traded as ...
Stockland Corporation Limited
Company typePublic
ASX: SGP
IndustryProperty development
FoundedAs Stocks & Holdings (1952; 74 years ago (1952))[1]
Headquarters,
Australia
Area served
Australia
Key people
Tarun Gupta (Managing Director)
Tom Pockett (Chairman)
Productshousing estate, shopping centre management, industrial precincts, manufactured housing communities
Total assetsIncrease A$14.1 billion at 30 June 2013[2]
Websitewww.stockland.com.au
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History

Stockland was founded in 1952 by Albert Scheinberg and Ervin Graf.[3] In 1957 Stockland listed on the Australian Securities Exchange by acquiring a controlling interest in Simon Hickey Industries Ltd, the smallest company then listed.[citation needed]

In the same year, Stockland's activities became more diversified, moving into commercial development, initially with retail projects in suburbs of Sydney. In 1965 Stockland opened its first big commercial development - the redeveloped Imperial Arcade, Sydney in Sydney's CBD, which offered the first underground link to David Jones, four retail levels and six levels of office space.

Its current activities include:

  • management of shopping centres, 41 centres valued at $5 billion across Australia.
  • development of 65 residential communities with end-market value of approximately $21.2 billion.
  • ownership and management of 16 offices in Australian capital cities
  • 13 distribution and industrial centres
  • 59 established retirement living villages.[4]

In 2022, Stockland launched its ecommerce platform, Stockland Marketplace, expanding its retail operations to e-commerce.[5]

List of shopping centres

New South Wales

Queensland

Victoria

Western Australia

See also

References

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