Latest news for Stockland Corp (OTC:STKAF) Stock

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.

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Stockland Corp Ltd

UBS analyst Tom Bodor maintained a Hold rating on Stockland (STKAF – Research Report) today and set a price target of A$4.64. The company's shares ...

UBS Remains a Hold on Stockland (STKAF)

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Stockland Corp

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Latest news for Stockland Corp (OTC:STKAF) Stock

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