Company Profile For Stockland
Overview
Stockland Corporation Limited (Stockland) is an Australia-based company. During the fiscal year ended June 30, 2009 (fiscal 2009), the principal activities of the Company was investment in income producing retail, office, industrial and office park properties. The Company operates in four business segments: residential (including retirement living); commercial property (including Stockland Capital Partners division); UK and other (including the responsible entity fees relating to the trust management). The Company operates primarily in mainland Australia. On July 17, 2008, Stockland completed the acquisition of Rylands retirement living business (Rylands). The Rylands business includes two apartment-style retirement villages comprising 153 independent living units. In May 2008, the Company disposed of its business assets in New Zealand.
Quick Financial Synopsis
BRIEF: For the fiscal year ended 30 June 2009, Stockland's revenues decreased 13% to A$1.85B. Net loss totaled A$1.80B, vs. an income of A$705.2M. Revenues reflect decrease in commercial property & other segment. Net loss reflects a decrease in operating margins, the presence of impairment of other financial assets, an increase in goodwill impairment, higher provision for write-down of inventories and higher loss on sale of assets.
Company Address
Stockland
Level 25
133 Castlereagh Street
Sydney NSW 2000
P: +612.90352000
F: +612.89882000
Level 25
133 Castlereagh Street
Sydney NSW 2000
P: +612.90352000
F: +612.89882000
Total Employees
1284
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