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Stockland announced today that it had received approval for its Whiteman Edge Town Centre.

Stockland gets green light for new shopping centre

ASX-listed property group Stockland is set to develop its fifth shopping centre in Western Australia after receiving state and local planning approvals for its Whiteman Edge Town Centre in Brabham.

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Total Shareholder Return as at 30/06/16

1 year TSR5 year TSR
158thAPA Group23%14%
172ndStockland21%14%
374thOil Search-13%-4%
728 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Revenue

35th-APA Group$2,356.3m
36th-Oil Search$2,189.5m
37th↑Stockland$2,123.0m
38th-RCR Tomlinson$2,004.1m
39th↓Mirvac$1,937.2m
79 listed non wa companies ranked by revenue.
Source: Morningstar

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