Stockland has offloaded its 50 per cent stake in the BankWest Tower to Brookfield for $130 million, in an asset swap deal that will see Stockland pick up two residential projects in Perth's north-east corridor for $271 million.

Stockland has offloaded its 50 per cent stake in the BankWest Tower to Brookfield for $130 million, in an asset swap deal that will see Stockland pick up two residential projects in Perth's north-east corridor for $271 million.