Stockland

#2066

Rank

$6.69B

MarketCap AU

AU Australia

Country

Summary
Stockland (ASX:SGP) was founded in 1952 and has grown to become one of Australia's largest diversified property groups ? owning, developing and managing a large portfolio of shopping centres, residential communities, workplace and logistic assets and retirement living villages. Stockland is consistently rated as one of the most sustainable real estate companies in the world by the Dow Jones Sustainability World Index (DJSI). Stockland is also an Employer of Choice for Gender Equality, as recognised by the Workplace Gender Equality Agency.

History

Stockland was founded in 1952 by Albert Scheinberg and Ervin Graf. In 1957 Stockland listed on the Australian Stock Exchange by acquiring a controlling interest in Simon Hickey Industries Ltd, the smallest company then listed.

In the same year, Stockland's activities became more diversified, moving into commercial development, initially with retail projects in suburbs of Sydney. In 1965 Stockland opened its first big commercial development - the redeveloped Imperial Arcade, Sydney in Sydney's CBD, which offered the first underground link to David Jones, four retail levels and six levels of office space.

Its current activities include:

management of shopping centres, 41 centres valued at $5 billion across Australia.

development of 65 residential communities with end-market value of approximately $21.2 billion.

ownership and management of 16 offices in Australian capital cities

13 distribution and industrial centres

59 established retirement living villages.The current managing director is Tarun Gupta, and the board chairman is Tom Pockett.


Mission
Our mission is to create communities that unleash potential - leveraging our expertise to deliver real estate and integrated development solutions that enrich communities and enhance lives.

Vision
Our vision is to be Australia’s most loved and respected and trusted property company, transforming places for people to live, work, play and shop.

Key Team

Mr. Andrew Whitson B.E. (CEO of Communities)

Mr. Justin Louis (Chief Investment Officer)

Ms. Louise Mason B.A., L.L.B. (CEO of Commercial Property)

Ms. Sharmila Tsourdalakis B.Com., L.L.B. (Chief Innovation, Marketing and Technology Officer)

Ms. Michelle Abbey (Head of Retail)

Mr. Ian Randall (Gen. Mang. of Investor Relations)

Ms. Karen Lonergan (Chief People & Stakeholder Engagement Officer)


Recognition and Awards
Stockland has received numerous awards for sustainability, innovation, design and leadership, including the Dow Jones Sustainability Index, being named a Global 100 Most Sustainable Corporation, the VicSmart People’s Choice award, and Australia’s Energy Efficiency Excellence award.

References
Stockland
Leadership team

Mr. Tarun D. Gupta B.A., M.B.A. (MD, CEO & Director)

Ms. Katherine Elizabeth Grace B.A., BA (Hons), L.L.B., LLB (Hons), MAICD, MPP (Chief Legal & Risk Officer, Gen. Counsel and Company Sec.)

Ms. Alison C. Harrop B.Sc., F.C.A. (Chief Financial Officer)

Products/ Services
Communities, Logistics, Real Estate
Number of Employees
1,000 - 20,000
Headquarters
Sydney, New South Wales, Australia
Established
1982
Net Income
1B - 20B
Revenue
Above - 1B
Traded as
SGP.AX
Social Media
Sat Feb 24 2024
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