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The two forces driving Lendlease to tear itself apart

For 66 years, Lendlease has been an icon of Australian business. But its global ambitions lie in tatters after a reckoning that’s been coming for decades.

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Tony Lombardo swears he’s “charged up and excited” about the chance to “make sure Lendlease is great again”.

But make no mistake, this is a brutal reckoning for this once proud icon of the Australian property sector.

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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com

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    Original URL: https://www.afr.com/link/follow-20180101-p5jh1i