Stockland CEO on FY Results

The video discusses the company's strong FY22 results and strategic plans for FY23, focusing on new growth engines in logistics and land lease communities. It addresses market trends, including price moderation in the land subdivision market and the impact of work-from-home patterns on commercial leasing. The retail sector shows strong growth post-COVID, but rising inflation may affect consumer spending. The company faces cost challenges but maintains healthy margins. Capital deployment focuses on development pipelines and future opportunities, while climate resilience is a key consideration in project design.

What was the percentage increase in funds from operations for FY22?

• 12%

• 10%

• 8%

• 5%

What is the company's strategy for the commercial leasing market?

• Focus on low-cost buildings

• Develop new sustainable workplaces

• Increase remote work options

• Reduce office space

What has been the trend in retail sales growth since the end of COVID lockdowns?

• Growth of 15%

• Growth of 8-10%

• Stable growth

• Decline of 5%

How has the company managed cost increases in civil construction?

• By absorbing costs with revenue growth

• By halting projects

• By increasing prices

• By reducing workforce

What percentage of working days were lost in Queensland due to La Niña?

• 30%

• 40%

• 20%

• 10%

What is the company's target margin for FY23 in the residential business?

• 15%

• 18%

• 20%

• 25%

What is the company's approach to climate resilience in their projects?

• Rely on government support

• Extra engineering for flood protection

• Focus on cost reduction

• Minimal engineering adjustments