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Stockland Capital Partners Ltd (ASX:SGP) has sold 50 per cent of its stake in Waterfront Place, the fifth tallest building in Brisbane.
The property company has sold the building to the Future Fund for $216.4 million, and has also agreed to sell 50 per cent of the entity that owns the adjacent Eagle Street Pier to the Future Fund for $16 million.
Stockland’s CEO of Commercial Property, John Schroder, said unit holders had benefitted from capital growth on the sale of the property.
In the second half of last year, Stockland reported a profit of $425 million.
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Last
$6.25 |
Change
-0.070(1.11%) |
Mkt cap ! $14.99B | |||
| Open | High | Low | Value | Volume |
| $6.31 | $6.33 | $6.12 | $50.06M | 8.028M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 880 | $6.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.26 | 27137 | 4 |
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| Last trade - 16.10pm 27/08/2025 (20 minute delay) ? |
| SGP (ASX) Chart |