Stockland

Stockland (SGP)

Stock Code

SGP

Stock Exchange

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Stockland (SGP) is a property investment, development and management group engaged in the development and marketing of land, construction and marketing of townhouses, construction of commercial buildings, hotel management, investment in commercial properties, management of trusts as well as property leasing and management. SGP was listed on the Australian Stock Exchange (ASX) on the 19th of February 1987. Its average annual revenue reaches approximately $609 million out of its issued capital of approximately $1 billion.

Stockland $147m Loss 1H


Property management and developer, Stockland (ASX:SGP) have released their half year results to the Australian stock market.

  • $147.1 million loss in the six months to December 31 (1H). For the same corresponding period in 2011 the company had a profit of $307.6 million.
  • Stockland revenue was $791.9 million from $936 million in the prior corresponding period.

Australian Profit Announcement Season Summary


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Dominos

Stockland confirms $200 million Sale


Stockland (ASX:SGP) confirms plans of selling $200 million worth of its assets. The sale will be 20 percent of its portfolio, with negotiations already being made with interested buyers.

The sale is in line with Stockland’s “3-R Strategy”, which involves investments in retail, retirement and residential properties as the company sells smaller assets in its portfolio. Stockland owns 15 industrial properties in Australia.

Stockland Geared for Growth


Property group, Stockland Corporation (ASX:SGP), has said that it is on track to achieve seven per cent earnings per share growth in 2010/11 and the property group's residential communities unit achieved record first quarter sales at its investor day presentation in Sydney on Tuesday.

Stockland and its FKP Property Stake


Australian property manager and diversified property group, Stockland (ASX:SGP) is weighing up its options on its 14.9 percent stake on FKP Property Group (ASX:FKP). However, FKP's largest investor is Mulpha Australia. One rumour is that the company may consider "an asset-for-equity swap" for FKP's retirement assets.

Stockland AGM


Australian property Group Stockland (ASX:SGP held their shareholder AGM on Tuesday where the director addressed

Stockland Raises Takeover Offer


Australia's largest diversified property group, Stockland (ASX:SGP) have raised their takeover offer for Australian retirement village operator Aevum (ASX:AVE) by 20 percent to $1.80 in an "unconditional and final" bid for the company after Aevum rejected an initial bid by Stockland.

Stockland Dividends

9 August, 2010 - 22:45

Study the historical dividends for STOCKLAND. Dividends are a portion of company profits paid out to shareholders. You are eligible to receive SGP dividends if you own the company's stock on the ex-dividend date. Investor's must have purchased the stock before the ex dividend date to be entitled to the dividend. The previous owner of the shares will receive the SGP dividend if you buy the stocks on or after the ex dividend date. The Pay Date or the Date Payable is the day when the dividend is paid to shareholders.

Aevum Rejects Stockland


Australian retirement village operator Aevum (ASX:AVE) have rejected a $266 million takeover bid of diversified property group, Stockland (ASX:SGP). SGP is AVE's biggest shareholder (15.7 percent holdings) had offered $1.50 per share to which Aevum said that valuation "significantly undervalues" the company.

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