Stockland goes shopping for partners in $1.2b malls fund

The Australian Financial Review
05-27

Diversified developer Stockland is looking to turbocharge its development of small neighbourhood malls across its housing estates, seeking capital partners to back a retail property fund with a potential end value of $1.2 billion.

Stockland is seeking one or more capital partners to take up to a 70.1 per cent stake in what it is calling the Stockland Retail Trust, according to an investment teaser obtained by The Australian Financial Review.

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