BRIEF-Stockland Ltd acquires 19.9 pct strategic stake in Australand

March 19 (Reuters) - Stockland Corporation Ltd SGP.AX :

* Stockland corp ltd - Stockland acquires strategic stake in Australand

SGP.AX

* Transaction is expected to be broadly EPS neutral

* Has obtained a 19.9% strategic stake in Australand at an average price of

$3.78 per security

* Stake comprises a 15.7% direct holding and 4.2% indirect interest

* Says stake will be funded through cash and debt facilities

* Source : Href="Link">http://r.reuters.com/gac77v

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