London | Lendlease’s European chief Neil Martin is stepping down after four years in the role and almost three decades at the company, leaving a business facing mixed fortunes in its £29.5 billion ($56 billion) development pipeline.
Top of the worry list for his successor will be the fallout from recent British government legislation requiring companies to fix cladding issues after the Grenfell Tower fire of 2017.
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Hans van Leeuwen is The Australian Financial Review’s former Europe correspondent. He is now International Economy editor for The Telegraph UK.
