History

1952
Stocks & Holdings Group of companies emerged as a substantial property development and investment group, listed on stock exchanges through the parent company Stocks & Holdings Limited.

1980
In June, via a Scheme of Arrangement, Stockland Property Trust was established and acquired all assets of the Stocks & Holdings Group, including investment properties and companies carrying out commercial and residential development and sales activities. This trust was listed from July 1980 until September 1982.

1982
In September, following amendments to income tax legislation, Stockland Property Trust was liquidated. Stockland Trust was then listed, and acquired all of the assets of the former Stockland Property Trust.

Subsequently, further changes to income tax legislation were introduced so that any public trust carrying on trading activities directly or indirectly would be subject to corporate rates of income tax. The Stockland Trust was affected by this legislation because of its wholly owned property trading group.

1988
In February, with the approval from Unitholders, the Trust was again restructured, with the trading group being separated from the Trust. This was achieved by transferring all of the shares in Stockland Corporation Limited, parent of the trading group, from the Trust to the Unitholders, through a distribution in specie.

Unitholders in the Trust became Shareholders in Stockland Corporation Limited, at no additional cost to them. Thereby, the Corporation was no longer controlled by the Trust. Stockland Corporation Limited was then listed on the Australian Stock Exchange (ASX).

To retain an ongoing relationship with the Trust, shares in Stockland Corporation Limited are jointly quoted with the units in Stockland Trust under the name Stockland Trust Group (SGP).

Every transaction on the ASX is for an equal number of shares and units.

Stockland Property Management Limited, Responsible Entity of the Trust, is a wholly owned subsidiary of Stockland Corporation Limited.