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Stockland purchased a 40ha site in Sinagra for $53 million, which has the capacity for about 700 homes. Photo: Stockland

Stockland strikes $91m deal

ASX-listed property group Stockland has invested $91 million in the purchase of more than 4,600 residential lots across three metropolitan corridors in Perth, comprising a total 385 hectares of land.

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Total Shareholder Return as at 30/06/16

1 year TSR5 year TSR
236thBrickworks23%6%
252ndStockland21%14%
282ndOZ Minerals15%24%
475thBank of Queensland-12%13%
730 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Revenue

37th↑Stockland$2,123.0m
46th-OZ Minerals$1,127.0m
47th↑Bank of Queensland$1,088.0m
49th-Brickworks$822.9m
50th-Novion$760.3m
77 listed non wa companies ranked by revenue.
Source: Morningstar

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