ASX:DOWCommercial Services
A Look At Downer EDI’s Valuation As New A$500 Million Stockland Contract Expands Its Services Portfolio
Why the new Stockland contract matters for Downer EDI (ASX:DOW)
Downer EDI (ASX:DOW) has secured a new integrated facilities management partnership with Stockland Corporation. It is a roughly A$500 million contract over an initial five year term, with services spanning offices, shopping centres, logistics sites and land lease communities.
See our latest analysis for Downer EDI.
The Stockland announcement comes as the share price trades at A$7.80, with a 1 day share price return of 1.83% and a...