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Google News: Stockland continues to focus on higher-yielding retail commercial property
[Property Observer] - By Larry Schlesinger Developer Stockland will continue to sell its commercial and industrial assets and use the proceeds to reinvest in higher-yielding and less volatile retail assets, says Stockland CEO Matthew Quinn. Retail assets have generated
Stockland on track to meet full-year profit guidance, says MD Quinn
www.theaustralian.com.au
[The Australian] - However, Stockland managing director Matthew Quinn said the company was on-track to achieve its full-year earnings guidance, which would be in line with last year, when Stockland reported an after-tax net profit of $762.2m, or 32 cents per security.
Stockland firms focus on affordable property
www.abc.net.au
[ABC Online] - And, as white collar city workers lose more and more jobs, Stockland's chief Matthew Quinn is sticking to a clear strategy: shifting out of offices and into retail property and growing in the affordable housing market. I caught up with him after his
News Corp earnings rise 65% in second quarter, Warning on manufacturing jobs ...
www.smartcompany.com.au
[SmartCompany.com.au] - "Economic conditions were very tough at the start of FY12 resulting in poor consumer sentiment, reduced discretionary spending and weaker demand for Sydney CBD office space which affected our result," managing director Matthew Quinn said in a statement
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