Stockland Corporation Ltd (ASX:SGP)

Company's Profile

Stockland Corporation Limited is an Australia-based creator and curator of connected communities. The Company is focused on developing, funding, owning, operating, and managing its residential and commercial property assets. The Company operates through five segments: Commercial Property, Residential, Land Lease Communities (LLC), Retirement Living and Other. The Commercial Property segment invests in, develops, and manages Retail Town Centres, Workplace, and Logistics properties. The Residential segment delivers a range of master-planned and mixed-use residential communities in growth areas, and townhomes and apartments in general metropolitan areas. The LLC segment invests in, designs, develops, manages, and delivers communities for over 50s. The Retirement Living segment invests in, designs, develops, manages and delivers communities for over 55s and retirees. Together, Residential, Land Lease Communities and Retirement Living represent the Company's Communities business.