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Lang Walker doubles his dime as property empire weathers pandemic

Nick Lenaghan
Nick LenaghanProperty editor

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Billionaire developer Lang Walker doubled his take-home dividend to $2.1 million in fiscal 2020 with revenue from office rents and housing sales rising, as he steered his expanding property empire through the early stages of the pandemic.

Mr Walker is the sole shareholder of Walker Group Holdings, with a property portfolio stretching from office towers in Sydney and Melbourne, to a 30,000-lot land bank of greenfield housing across the country, a vast housing estate under development in Malaysia and a high-profile private island resort in Fiji.

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Nick Lenaghan edits the property section, which covers all aspects, from residential real estate and housing and construction to commercial property – office, retail, industrial – and major ASX-listed developers and real estate investment trusts. Connect with Nick on Twitter. Email Nick at nlenaghan@afr.com

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    Original URL: https://www.afr.com/property/commercial/lang-walker-doubles-his-dime-as-property-empire-weathers-pandemic-20201030-p56a7d