Lendlease poised to bring build-to-rent model Down Under
London | Lendlease is poised to launch into the build-to-rent market in Australia, with chief executive Tony Lombardo ready to announce the company’s first project imminently.
The move forms part of Mr Lombardo’s push to “pivot” Lendlease’s priorities away from development and construction towards recurring income streams from investments, as he tries to restore what he sees as the company’s rightful “blue-chip status”.
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