AI assistant
STOCKLAND — Capital/Financing Update 2021
Aug 16, 2021
65781_rns_2021-08-16_cf2ba009-5fd4-4a26-af75-c52eabb979ee.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
==> picture [54 x 49] intentionally omitted <==
17 August 2021 133 Castlereagh Street Sydney NSW 2000 www.stockland.com T 02 9035 2000
UPDATE ON STOCKLAND’S ACQUISITION OF HALCYON GROUP
Stockland (ASX:SGP) today confirmed completion of its acquisition of Halcyon Group’s land lease communities business. As disclosed in the announcement on 19 July 2021 the balance of the acquisition price, being an amount of $310 million, is due in July 2022.
Stockland will release its FY21 results on Friday 20 August 2021.
ENDS
This announcement is authorised for release to the market by Ms Katherine Grace, Company Secretary.
Investor enquiries:
Tiernan O’Rourke Chief Financial Officer 0439 073 844| 02 9035 2557 [email protected]
Media enquiries:
Germaine Graham Senior Manager Media Relations 0429 260 767| 02 9035 4197 [email protected]
Stockland
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.
1
Stockland Corporation Ltd ACN 000 181 733 Stockland Trust Management Ltd ACN 001 900 741 AFSL 241190 as Responsible Entity for Stockland Trust ARSN 092 897 348