Lang Walker, the developer with a touch for timing
The Rich Lister who died over the weekend aged 78 spotted change before most people and enjoyed the freedom of a private company to move quickly to tap it.
Lang Walker thrived in a property industry in which he – better than most – read the signs of change and moved ahead of them.
Turning his family excavation business into a residential development business, selling his listed Walker Corp to rival Australand in 1999 ahead of the dotcom crash, and repeating the trick seven years later when he sold Mirvac $1.1 billion of assets months before the global financial crisis hit were hallmark pivots of the developer who died over the weekend.
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