Stockland Rises 3.3% While ASX 200 Edges Down, Morgan Stanley Retail Deal Surfaces
Stockland shares rose 3.27% to A$4.10 Thursday, outperforming the ASX 200, which fell 0.23%. Morgan Stanley Real Estate Investing will partner with Stockland on new neighbourhood shopping centres, a deal potentially worth A$1 billion. Stockland kept its FY26 funds from operations and distribution guidance unchanged. Shares have gained 10.22% in the past week but remain below their 52-week high.