Lendlease Group (LLESY)
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Lendlease forms $300 million JV with UK's Crown Estate amid strategic restructuring
Lendlease has announced a significant strategic move, entering a 50/50 joint venture with the UK's Crown Estate to offload six of its UK development projects in a partnership set to unlock more than $300 million in capital. The deal also reduces Lendlease's future funding commitments to about $125 million, aligning the company's broader strategy to streamline operations and focus on its Australian core business.
Lendlease CEO says revamp on track, aims to complete sale of U.K. business in H2
Lendlease CEO on company's earnings & business
Warburg Pincus-Lendlease JV platform acquires $1.23 bln portfolio of assets in Singapore
U.S-based global investor Warburg Pincus and Australian real estate group Lendlease said on Tuesday their joint venture platform has acquired a S$1.6 billion ($1.2 billion) portfolio of assets in Singapore.
Lendlease reports $1 billion loss amid strategy shift, regulatory delays
Australia's Lendlease on Monday reported a wider annual loss as the real estate developer grappled with the impact of an operational strategy shift and delays in reviewing the sale of community projects.
Australia's Lendlease exits offshore markets to focus on local growth
Australian developer Lendlease will retreat from its overseas construction businesses and free up to A$4.5 billion ($2.9 billion) in capital for shareholders, putting a lid on its international ambitions to shift focus on local operations.
