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Stockland has bigger plans in land lease beyond Halcyon

Michael Bleby

Stockland has given the clearest signal yet of its plans to dominate the growing land lease market, saying it is looking at further acquisitions after bedding down its $620 million Halcyon purchase.

The company says it will tap outside capital to expand in the affordable housing market for 55-to-75-year-olds.

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Michael Bleby covers commercial and residential property, with a focus on housing and finance, construction, design & architecture. He also dabbles in the business of sport. Based in Melbourne, Michael is on Bluesky @michaelbleby.bsky.social. Email Michael at mbleby@afr.com

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    Original URL: https://www.afr.com/property/commercial/stockland-has-bigger-plans-in-land-lease-beyond-halcyon-20210719-p58avu