stockland
Stockland shaken but not stirred
STOCKLAND's CEO Mark Steinert has unveiled a new strategy for the group, which was not as drastic as the market had speculated. Stockland will undertake an orderly sale of its $1.5 billion office portfolio and will consider joint venture partners. ... Full story
Stockland reshuffles deck chairs
STOCKLAND's new CEO Mark Steinert has made significant changes to the management structure, appointing Bank of America Merrill Lynch real estate managing director Simon Shakesheff to the newly created role of group executive strategy and stakeholder relations. ... Full story
Adrian Sheldon heads up BofA Merrill Lynch RE
THE Bank of America Merrill Lynch has appointed Adrian Sheldon as the new head of real estate in Australia after Stockland poached the Simon Shakesheff yesterday. ... Full story
Stockland dismisses two top execs
STOCKLAND has dramatically sacked two executives, chief financial officer Tim Foster and head of residential Mark Hunter. ... Full story
Sydney must accept higher density housing
SYDNEYSIDERS must change their anti-development, not-in-my-backyard view against higher density housing or doom future generations out of the market, according to independent public policy think-tank the McKell Institute. ... Full story
Centuria buys Castlereagh office
CENTURIA Property Funds has bought an office building at 175 Castlereagh St in Sydney's CBD from Stockland for $56 million. ... Full story
Lend Lease seeks new auditor
LEND Lease is looking for a new auditor after 55 years with KPMG, one of the longest relationships in corporate Australia. ... Full story
Stockland plans new 1bn community
STOCKLAND is making a foray into Sydney's south west growth corridor with a $1 billion residential community at East Leppington, after submitting Development Applications to Campbelltown Council and Camden Council. ... Full story
Stockland to double Hervey Bay centre
STOCKLAND is undertaking a $115 million redevelopment of Hervey Bay shopping centre to more than double the size of the complex. ... Full story
Stockland saves 500m by selling residential stock
STOCKLAND (ASX: SGP) will divest 13 poor performing residential projects, saving the group $500 million in future expenditure, after it posted a disappointing underlying profit of $255 million for HY2013, down 26% on the previous corresponding period. ... Full story
Monopoly not a good analogy to real estate
OPINION: MONOPOLY is a board game that allows you to...
Australian housing markets continue to show improvement
OPINION: As the year is quickly coming to an end,...
Investors coming out of hibernation
INVESTORS are returning to the residential property market in response...
Market depth
OPINION: AUSTRALIANS borrowed $200 billion last year to buy a...
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