Stamford Land exits Sir Stamford hotel business after divestment
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Stamford Land Corporation Ltd has exited the hotel business at Sir Stamford at Circular Quay, Sydney, after divesting the property. The asset contributed 5.4% of group profit before tax and 7.6% of revenue in H1 FY2026. The cessation has no impact on net tangible assets, and the group will no longer recognize earnings from the hotel, reflecting a streamlined portfolio focus. The handover completes Stamford Land's exit from hotel operations at the Circular Quay property, reinforcing its strategic repositioning.
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