Stockland unveils new strategy

Out with Quinn’s ‘3Rs’ and in with Steinert’s more traditional approach. Jason Prowd appraises the new direction.

Stockland has unveiled a sound new strategy. Retail property will remain the company’s focus, although industrial and office properties slated for sale under the previous managing director will now remain (see Table 1). This will be supplemented by continued development of residential land and houses plus retirement communities.

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