Australand: Interim result 2013

With a potential sale of its property portfolio scuttled, it's back to normal business for this property group.

Australand’s first-half result (it has a calendar year end) was an unspectacular encore to Monday’s announcement that, following months of rumour, speculation and a failed takeover by GPT Group, Capitaland would retain their 59.3% stake in the property group. Australand will remain listed for the time being.


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