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Stockland Launches Halcyon Greenhaven Over-55s Community in Geelong

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Stockland (ASX:SGP) said it has launched Halcyon Greenhaven, its second over-55s community in Armstrong Creek, Geelong in Victoria, delivering 345 homes across a 17.2-hectare community, according to a Thursday statement.

The company said it has earmarked three Halcyon communities across Greater Geelong and committed AU$741 million across its Halcyon communities in the region, with strong interest expected from local downsizers and those relocating from Queensland, New South Wales, and Tasmania.

The company's shares fell nearly 1% in recent Thursday trade.

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