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Stockland Corporation Ltd (SGP.AX)

SGP.AX on Australia Stock Exchange

4.58AUD
22 Jul 2019
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9,362,767
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$4.68
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$3.42

Latest Key Developments (Source: Significant Developments)

Stockland Corp Announces Strategic Capital Partnership
Thursday, 4 Jul 2019 

July 4 (Reuters) - Stockland Corporation Ltd ::ANNOUNCES STRATEGIC CAPITAL PARTNERSHIP; WITH CAPITAL PROPERTY GROUP INVESTING 50% INTEREST IN CO'S AURA ON SUNSHINE COAST.ACCOUNTING PROFIT ASSOCIATED WITH THIS TRANSACTION WILL BE RECOGNISED IN FY20.  Full Article

Stockland Corporation Sees Interim Distribution Of 14.1 Cents Per Ordinary Stapled Security
Monday, 17 Jun 2019 

June 17 (Reuters) - Stockland Corporation Ltd ::ESTIMATES DISTRIBUTION FOR SIX MONTHS TO 30 JUNE 2019 OF 14.1 CENTS PER ORDINARY STAPLED SECURITY.  Full Article

Stockland Corp Says Priced New 5 Year Domestic Medium Term Note For A$200 Mln
Friday, 5 Apr 2019 

April 5 (Reuters) - Stockland Corporation Ltd ::PRICED A NEW 5 YEAR DOMESTIC MEDIUM TERM NOTE FOR A$200 MILLION.ALSO SECURED NEW, LONG-DATED USPP NOTES TO EQUIVALENT VALUE OF A$351 MILLION, WITH FUNDING TO BE DELIVERED IN APRIL 2019.5 YEAR DOMESTIC MTN WITH A COUPON OF 3.30%.  Full Article

Stockland Corp Says Co Divests An Additional $143 Mln Of Retail Assets
Thursday, 14 Mar 2019 

March 14 (Reuters) - Stockland Corporation Ltd ::DIVESTS AN ADDITIONAL $143 MILLION OF RETAIL ASSETS.  Full Article

Stockland Corp Says In Residential Market, Challenging Conditions To Continue In 2019
Wednesday, 20 Feb 2019 

Feb 20 (Reuters) - Stockland Corporation Ltd ::IN RESIDENTIAL MARKET, CHALLENGING CONDITIONS TO CONTINUE IN 2019.TARGETING FFO PER SECURITY GROWTH OF ABOUT 5% FOR FY19, AT LOWER END OF 5-7% RANGE.  Full Article

Stockland Corp Posts HY Net Profit After Tax Attributable Of $300 Mln
Wednesday, 20 Feb 2019 

Feb 20 (Reuters) - Stockland Corporation Ltd ::HY REVENUE FROM ORDINARY ACTIVITIES DOWN 15.7% TO $1,127 MILLION.HY NET PROFIT AFTER TAX ATTRIBUTABLE TO SECURITYHOLDERS DOWN 56.2% TO $300 MILLION.INTERIM DIVIDEND 13.5 CENTS PER SHARE."WE EXPECT OUR COMMERCIAL PROPERTY BUSINESS TO MAINTAIN MODERATE GROWTH IN RETURNS, WITH COMPARABLE FFO GROWTH OF 2 - 3 PERCENT".SEES FULL YEAR DISTRIBUTION OF 27.6 CENTS PER SECURITY.HY FFO PER SECURITY OF 16.8 CENTS.  Full Article

Stockland Corp Announces Estimated Distribution For HY Of 13.5 Cents/Ordinary Stapled Security
Thursday, 13 Dec 2018 

Dec 13 (Reuters) - Stockland Corporation Ltd ::STOCKLAND CORPORATION ANNOUNCES ESTIMATED DISTRIBUTION FOR HY OF 13.5 CENTS PER ORDINARY STAPLED SECURITY.  Full Article

Stockland Corp Responds To Media Speculation
Tuesday, 11 Dec 2018 

Dec 11 (Reuters) - Stockland Corporation Ltd ::IN RESPONSE TO MEDIA SPECULATION, CO HAS CONFIRMED THAT IT IS IN NEGOTIATIONS FOR SALE OF RESIDENTIAL PROJECT THE GROVE IN MELBOURNE.NEGOTIATIONS ARE ONGOING AND THERE IS NO CERTAINTY THAT A TRANSACTION WILL COMPLETE.  Full Article

Stockland Corp Divests $113 Mln Of Retail Town Centre Assets
Wednesday, 21 Nov 2018 

Nov 21 (Reuters) - Stockland Corporation Ltd ::DIVESTS $113 MILLION OF RETAIL TOWN CENTRE ASSETS.STOCKLAND REMAINS OWNER AND OPERATOR OF STOCKLAND CALOUNDRA SHOPPING CENTRE.  Full Article

Stockland Corp Expects To Achieve FFO Per Security Growth Of 5-7 Per Cent For FY
Wednesday, 24 Oct 2018 

Oct 24 (Reuters) - Stockland Corporation Ltd ::EXPECTS TO ACHIEVE FFO PER SECURITY GROWTH OF 5-7 PER CENT FOR FULL YEAR.REMAIN ON TRACK TO ACHIEVE OVER 6,000 SETTLEMENTS FOR FY19.TARGETS DISTRIBUTION PER SECURITY OF 27.6 CENTS PER SHARE FOR FY.  Full Article

UPDATE 2-Developer Stockland warns of profit hit from Australia housing slump

* Shares fall to six-week low after earnings, outlook update (Recasts on outlook; adds market reaction, analyst and management quotes)