Stockland
Stephen Newton was appointed to the Board on 20 June 2016. Mr Newton has extensive experience across real estate investment, development and management and infrastructure investment and management. Mr Newton is a Principal of Arcadia Funds Management Limited, a real estate investment management and capital advisory business and prior to this, he was the Chief Executive Officer – Asia/Pacific for the real estate investment management arm of Lend Lease.
Mr Newton is currently a Director of BAI Communications Group, Viva Energy REIT Group and Sydney Catholic Schools Limited, and Chairman of the Finance Council for the Catholic Archdiocese of Sydney.
Mr Newton is Chair of the Audit Committee and a member of the Risk Committee and Sustainability Committee. He is a Director of Stockland Capital Partners Limited, the Responsible Entity for Stockland’s unlisted funds and Chair of the Stockland Capital Partners Limited Audit and Risk Committee.
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Stockland
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Stockland Corporation Limited is a diversified property company. The Company owns, manages and develops shopping centers, logistics centers, business parks, office buildings, residential communities and retirement living villages. It operates through four segments: Commercial Property, Residential, Retirement Living and Other. Its Commercial Property segment invests in, develops and manages retail, office and logistic and business park properties. Its Residential segment delivers a range of master planned and mixed use residential communities in growth areas, townhouses and apartments in general metropolitan areas. It has approximately 60 communities across New South Wales, Queensland, Victoria and Western Australia. It holds over 76, 800 lots in its portfolio. Its Retirement Living segment designs, develops and manages communities for retirees. It has over 9, 600 units in approximately 70 villages across over five states and the Australian Capital Territory.