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Property group Stockland (ASX:SGP) has flagged an enormous upgrade to it’s Hervey Bay shopping mall precinct in Queensland.
The $115 million re-development will double the size of the site, to over 36,000 square metres.
A 500 seat food court will be built, and 70 stores will be added, taking the number of retail tenants to 110.
Stockland expects a return on investment of 14% once the upgrade is complete, in late 2014.
In it’s most recent earnings, Stockland posted a $147 million net loss to December 31.
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Last
$6.45 |
Change
0.050(0.78%) |
Mkt cap ! $15.47B | |||
| Open | High | Low | Value | Volume |
| $6.36 | $6.47 | $6.35 | $40.47M | 6.284M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3631 | $6.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.46 | 1510 | 1 |
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| Last trade - 16.10pm 25/08/2025 (20 minute delay) ? |
| SGP (ASX) Chart |