Stephen Newton joins Stockland board

Stockland chairman Graham Bradley has announced that Stephen Newton will join the Stockland board.

Mr Newton has deep experience across real estate development, property management and infrastructure investment gained during almost 23 years with Lend Lease Corporation and more than 13 years as a principal of investment management and capital advisory business, Arcadia Funds Management.

He is currently a director of listed Gateway Lifestyle Group and a non-executive director of Campus Living Funds Management Limited.

Mr Newton was a director of Australand Property Group from 2007-2014.

He is an advisory board member, representing Alberta Investment Management Corp (Canada), of the Forestry Investment Trust, a director of both BAI Communications Group and the University of Notre Dame Australia, and chairman of the Finance Council for the Catholic Archdiocese of Sydney.

As required by the Stockland constitution, Mr Newton will offer himself for election by securityholders at the 2016 annual general meeting to be held in October.

Mr Bradley also announced that, following more than 10 years of service on the Stockland board, Peter Scott will retire from his position in August 2016.