’Focus is needed to win’
We have a once in a lifetime opportunity to drive innovation and investment in new industries, says Stockland chief Mark Steinert.
We have a once in a lifetime opportunity to drive innovation and investment in new industries, says Stockland chief Mark Steinert.
Stockland has gone external for its next head, naming Lendlease CFO Tarun Gupta, while a strategy shift looms to speed profits.
Stockland chief executive Mark Steinert believes there will be a longer-term shift to suburbia, benefiting the entire metropolitan economy.
It has been almost five months since Stockland announced the departure of Mark Steinert as managing director, with no replacement in sight.
Stockland is riding the tide of government stimulus that is enticing first home buyers into the market.
The country’s largest residential developer has seen a sales surge, but builders are scrambling to meet demand.
Banks and miners weighed on the ASX 200 and Westpac’s Bill Evans pushed his RBA easing prediction out to November from October.
Shopping centre giant Stockland has been hit by lower retail rent collections during the coronavirus pandemic, but its diversified portfolio has offset some of the pain.
A bounce-back in residential packages helped steady developer Stockland’s results after its commercial holdings were hit by a $500m drop in value.
Australian listed property companies are believed to be getting their succession planning in order.
Surveying Melbourne’s commercial property sector, Macquarie Equities has identified the listed groups likely to be hardest hit.
Original URL: https://www.theaustralian.com.au/topics/stockland/page/4