Sleeping Stockland stirring as restructure and recovery take hold

One of the worst performing Real Estate Investment Trusts, Stockland may be best placed to benefit from a real estate recovery

If success is as much about timing as anything else, Mark Steinert, the recently appointed chief of Stockland Group, may well have found himself in the right place at the right time.

A new boss, a new management team and a fresh approach to the future categorised this morning’s earnings result which, on some measures, was slightly worse than expected.

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