Helping Australians live their best lives
We are excited to bring together Stockland and Halcyon, two great Australian companies committed to growing the scale and quality of the over 50s lifestyle communities’ sector across the country, through a focus on customer experiences and creating places where communities feel a sense of belonging.
A little bit of background on Stockland, we are an ASX top 50 listed property group and Australia’s largest residential developer. With an almost 70 year heritage of community building, our brand is built on the quality of the places we have created around the country.
We know that Halcyon is highly regarded as the market leader in the lifestyle community sector in Queensland, with a fantastic team, strong brand, deep sector knowledge and expertise. This is what attracted us to the Halcyon opportunity and has been reinforced as we have got to know a number of people from the Halcyon team over the past six months.
We see lifestyle communities as complementary to our masterplanned communities business and believe this is a great way for those looking to downsize and make more time for themselves.
Our commitment to south-east Queensland will continue in the years to come as we deliver new communities and look to extend Halcyon nationally.
The potential for the land lease business to reshape lifestyle living for the Baby Boomer and Generation X demographic is incredibly exciting. Australian over 50s are looking for well-designed, personalised housing, security, access to facilities and activities to maintain active lifestyles and foster connection.
Through our discussions with Paul Melville and Dr Bevan Geissmann, it’s clear the legacy they leave for the Halcyon team and homeowners is very important to them, and this was one of the key considerations in choosing Stockland to continue growing the business.
We also have great alignment with our shared views on purpose, vision and values. Combined with great people, projects, capability, scale and pipeline, this provides a strong platform for our future success.
Halcyon’s homeowner-centric focus is a key part of Halcyon’s success and we’re keen to bring this approach interstate. We think Halcyon is the best at what they do and we are excited for our shared future.
Indeed, Bevan told the Australian Financial Review that he welcomed Stockland’s commitment to Halcyon’s staff and 2500 homeowners during the integration of the two companies in August.
"Stockland's diversified property experience, balance sheet, landbank and cultural fi t make it the perfect business to lead Halcyon on its next phase of growth,” he said.
Unfortunately, due to the extended lockdown in Greater Sydney and NSW, I haven’t been able to come up and meet homeowners in person as I had planned, in the meantime, please watch the video to learn a little bit more about Stockland.
Andrew Whitson, Group Executive and CEO Communities, Stockland