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LendLease Group

ASX Announcements

Market Sensitive

Sale of Capella Capital, Completion of Military Housing Sale

Periodic Reports - Other, Asset Disposal

  • Jan 31, 2025
  • 3 pages

Notification of cessation of securities - LLC

Appendix 3H (Notification of cessation of securities)

  • Jan 7, 2025
  • 4 pages

Market Sensitive

Sale of UK Construction and update to FY25 earnings timing

Periodic Reports - Other, Asset Disposal

  • Jan 2, 2025
  • 2 pages

Notification regarding unquoted securities - LLC

Appendix 3G (Notification of Issue, Conversion or Payment up of Unquoted Equity Securities)

  • Dec 20, 2024
  • 7 pages

Notification regarding unquoted securities - LLC

Appendix 3G (Notification of Issue, Conversion or Payment up of Unquoted Equity Securities)

  • Dec 19, 2024
  • 7 pages

View all LLC announcements

Today

Lendlease CEO Tony Lombardo.

Lendlease sells Capella financing unit for $235m

The Australian company’s deal with Japan’s Sojitz Corporation is the latest in a slew of businesses the activist target is selling.

  • 31 mins ago
  • Michael Bleby

This Month

Vacant in Sydney: Pedestrians in front of the 28-level 39 Martin Place tower, which opened last year, giving office stock in the CBD a boost.

Don’t say Trump, but return to office will pick up: property bosses

Heads of the country’s largest commercial landlords avoid commenting on the US president’s executive order. But they want workers back.

  • Michael Bleby
Mirvac Wholesale Office Fund, which owns Quay Quarter Tower (pictured) and the former AMP building, deliver positive returns for the final quarter of 2024.

Why a 1.4pc return is great news for the office market

Mirvac Wholesale Office Fund, which owns Quay Quarter Tower and the former AMP building, delivered positive returns for the final quarter of 2024.

  • Updated
  • Campbell Kwan
Construction workers in London. Lendlease acquired major British builder Bovis in 1999.

Lendlease exits global construction with sale of UK business

The sale closes a significant corporate chapter for Lendlease, which took its building business global in the 1970s before acquiring Britain’s Bovis in 1999.

  • Nick Lenaghan
Lendlease chief executive Tony Lombardo felt heat from major investors John Wylie’s Tanarra Capital and David Di Pilla’s HMC Capital last year.

Shrinking Lendlease shows how to bite the bullet

Having dramatically cut its offshore ambitions, Lendlease hasn’t mucked around.

  • Anthony Macdonald
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December 2024

Robin Khuda, Julie Coates, Shayne Elliott, Chris Ellison, Richard White,  Mike Sneesby.

The good, the bad and the ugly of corporate Australia in 2024

Big deals, big names, big disasters. From AirTrunk to Woolies to our own Nine Entertainment, here are the biggest moments of the year.

  • James Thomson
One of Lendlease’s developments in Melbourne. The company will focus on projects in Australia after a backlash from investors.

Lendlease’s long-time bankers nervously face new era

Gresham and Morgan Stanley have been hanging around the real estate giant for years. But a new chairman might have other ideas as he settles in.

  • Sarah Thompson, Kanika Sood and Emma Rapaport

November 2024

Hailing shareholders: Lendlease’s outgoing chairman Michael Ullmer, left, CEO Tony Lombardo and incoming chairman John Gillam, right, at the start of the company’s AGM on Friday.

Lendlease avoids ‘second strike’ in crucial AGM showdown

The embattled company averted a vote on a potential board spill by convincing shareholders it was on the right track. Some want more evidence, however.

  • Updated
  • Michael Bleby and Campbell Kwan
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Sohn’s stock picks; Trump’s ‘frightening’ choice; Donation caps row

Read everything that’s happened in the news so far today.

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Employment jumps; Cbus CEO apologises; Trump’s shock pick

Read everything that’s happened in the news so far today.

John Gillam

Lendlease chairman-elect in investor charm offensive ahead of AGM

Sources said proxies received so far indicate both directors are well supported by investors, as is the revamped remuneration report.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
Stockland’s joint venture partner, Bangkok-based Supalai, waited since last December for the green light from federal regulators to control 12 Lendlease estates.

How a year-long wait worsens the housing crisis

A near 12-month wait for a Thai property developer for approvals to buy housing estates could deter other foreign developers, warns adviser Joseph Gersh.

  • John Kehoe
Business Council round table discussion members, left to right. Lendlease chief executive Tony Lombardo, Stockland chief executive Tarun Gupta, BCA chief executive Bran Black and CBA Matt Comyn.

Construction workers should be 10pc of migration, big developers urge

That was one of the key messages from a housing roundtable that focused on how to remove roadblocks to increasing the supply of affordable houses

  • James Eyers and Campbell Kwan
The federal government wants to build 1.2 million homes in the next five years.

Five fixes to the housing crisis – from smaller homes to more builders

From more migrants with building skills to incentivising different types of housing, three chief executives give their suggestions on how to develop more homes.

  • Campbell Kwan and James Eyers
Stockland’s Tarun Gupta, right, says he his company has cut land sizes by about 15 per cent to make them more affordable.

Doing more with less will not solve the housing crisis

Building costs have stopped rising quickly, but could easily take off again if builders are bidding for labour and materials against our other good causes.

  • Anthony Macdonald
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October 2024

John Wylie’s Tanarra Capital is turning up the heat on Lendlease and its CEO, Tony Lombardo.

Wylie to vote against Lendlease pay report in push for board changes

John Wylie’s Tanarra Capital will consider calling an extraordinary general meeting to force board changes at the property giant.

  • James Thomson
John Gillam, the new chairman of Lendlease.

Lendlease investors backed Vik Bansal for chairman’s role

The property giant’s share registry remains polarised, and the appointment of chairman John Gillam has become a new flashpoint.

  • James Thomson
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Vocus’ $5b TPG fibre deal; New Lendlease boss; Star fundie goes solo

Read everything that’s happened in the news so far today.

Outgoing Lendlease chairman Michael Ullmer with his successor, John Gillam.

From Bunnings with love: New Lendlease boss wants reset, then growth

New chairman John Gillam has backed chief executive Tony Lombardo to oversee the turnaround. Long-suffering investors will want to see accountable results.

  • James Thomson
John Gillam.

Returns to investors are coming, Lendlease chairman-elect Gillam says

The new boss, named five months after Michael Ullmer announced his departure, says returning capital to shareholders is a crucial part of restoring trust.

  • Michael Bleby

Original URL: https://www.afr.com/company/asx/llc