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Stockland | |
Company type | Public |
ASX: SGP | |
Industry | Property development |
Founded | As Stocks & Holdings (1952[1] | )
Headquarters | , |
Area served | Australia |
Key people |
|
Products | housing estate, shopping centre management, industrial precincts, manufactured housing communities |
Total assets | A$14.1 billion at 30 June 2013 [2] |
Website | www.stockland.com.au |
Stockland Corporation Limited is a diversified Australian property development company. It has business in shopping centres, residential estates, industrial estates and manufactured housing communities.
Stockland was founded in 1952 by Albert Scheinberg and Ervin Graf. [3] In 1957 Stockland listed on the Australian Stock 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:
The current managing director is Tarun Gupta, and the board chairman is Tom Pockett.
This section needs to be updated.(October 2021) |