The ACCC has identified competition impacts competition impacts around the Stockland's/Supalai acquisition of the Lendlease Group Communities business.

The regulator is concerned Stockland may artificially reduce volumes in certain projects in order to lift sales in its balance sheet communities, explains the broker.

The Equal-weight rating. Target $6.35. Industry view: In-Line. 

Sector: Real Estate.

Target price is $6.35.Current Price is $5.64. Difference: $0.71 - (brackets indicate current price is over target). If LLC meets the Morgan Stanley target it will return approximately 11% (excluding dividends, fees and charges - negative figures indicate an expected loss).

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