Lendlease Group higher Wednesday, outperforms the Real Estate sector
Here is the latest company close update for Lendlease Group, LLC.
Lendlease
Lendlease seals offshore exit with sale of UK construction arm
The company has dumped ambitions of being a global builder but still wants to be an investment manager around the globe.
A bespoke harbour view apartment could be yours for $60m plus
The luxury of these bespoke Circular Quay sub-penthouses is matched only by their breathtaking views.
The price of blowing the whistle? Everything
Tony Watson lost his home, job, friends, and a boatload of money in his fight to show he was dumped over trying to stop Lendlease’s $300m ‘tax dodge’. He’s not alone.
GPT snaps up Sunshine Coast, Sydney centre managements
The move is part of GPT’s push deeper into asset management and sees Lendlease step out of running large shopping centres as it focuses on core operations.
Latest foreign property exit opens door for Lendlease
The property giant is focusing its comeback on the top end of the residential market, with its next move targetting a Sydney site a Chinese-Australian billionaire is looking to exit.
Waldorf Astoria Sydney to set room rate records
The Forrest family’s hotel could have the country’s highest room rates when it opens next year, with guests expected to dig deep to stay at the top suites.
Lendlease vows to fight tax ruling
Lendlease will save at least $17.1m from a deal with the ATO, which waived chunks of penalty interest, but the construction giant said it would still fight the decision.
Lendlease bets on luxury wave as offshore exit steps up
The developer is making headway on simplifying its business and is turning to luxury units to spark returns. Investors are backing its new strategy.
ASX pares losses; Bendigo Bank, Westpac lead bank falls
Margin pressures dent Westpac, Bendigo Bank earnings. BlueScope, A2 Milk lift on results beat. Star investors buoyed by new financing offer from Oaktree. Audinate leaps as cost controls improve earnings.
Lendlease offloads infrastructure investor to Japanese buyer
Property giant Lendlease has revealed it’s selling its interest in Capella Capital, a name behind major infrastructure projects such as Melbourne Metro tunnel, to the Sojitz Corporation.
ASX 200 rises 0.5pc to record close; Origin down
A strong day for Aussie shares as the ASX 200 rises 0.5 per cent to a record high close at 8532.3. Origin cuts APLNG guidance. Citi upgrades BlueScope. Rinehart lifts Lynas stake. Broker upgrade for Zip. Lendlease selling Capella. US probing if DeepSeek used Nvidia chips. Trump advisors hunt for deals as Canada, Mexico tariffs loom.
Lendlease tax whistleblower triggers legal alarm
Former Greenwoods and Freehills tax adviser Tony Watson has raised the hackles of Lendlease and PwC over court claims lodged in his marathon whistleblower fight.
ASX 200 ends firmly in the green
The local sharemarket has turned up in thin holiday trade, with gains broadbased, despite a fresh post-pandemic low for the Aussie dollar.
Lendlease sells UK construction business
Embattled property giant Lendlease has wrapped up the sale of its international construction businesses with its UK operation being sold for about $70m.
More top Lendlease execs head for the door
Lendlease rivals are capitalising on its recent challenges by picking off its top talent.
ASX 200 lifts; PEXA gains; Data#3 falls
Data#3 down after flagging Microsoft hit. PEXA soars on change of guard. BlueScope, BHP and Rio Tinto pick site for smelting pilot plant. House prices to stall next year: HSBC. Meta settles Aus privacy breach case.
Construction costs finding a new normal: Lendlease CEO
Tony Lombardo says material price increases have slowed to near pre-pandemic levels, though labour costs remain high. While price increases are stabilising, the new baseline is likely here to stay.
‘A humble gentleman’: corporate and sporting titan dies at 80
From leading insolvency action against Alan Bond and Christopher Skase to boardroom tussles, former Lendlease and South32 chairman David Crawford is being remembered as a titan of many arenas.
ASX 200 trims falls; ACCC gives nod for Virgin-Qatar deal
Interim nod for the aviation partners to operate 28 weekly return flights between Doha and Aus cities. Meta warns on incoming social media ban. Cbus chair Wayne Swan says no ‘reserve’ being built for fine payments. ANZ forecasts May rate cut.
Construction heiress snaps up One Circular Quay pad for $30m
Mary Salteri, the cashed-up daughter of the late construction magnate Carlo Salteri, has forked out $30m for an off-the-plan apartment in Sydney’s One Circular Quay.
Lendlease shareholders back Bunnings boss for turnaround
Lendlease is retreating back to Australia after billions of dollars’ worth of writedowns but shareholders have backed new chairman John Gillam to restore its fortunes.
ASX 200 rebound continues; top investors meet at Sohn conference
ASX recovers from fall this week. New MinRes, Chris Ellison revelations weigh. Brazil court clears BHP in dam collapse case. Sohn Hearts & Minds Conference attendees learn from global fund managers about future trends and their hottest stock picks. Follow here.
Senior execs depart Charter Hall, Lendlease, GPT Group
Top-tier executives at Australian real estate investment trusts are leaving, as groups trim ranks while making new hirings.
History shows corporate boards are safe houses
Life won’t be quite so easy for new Lendlease chair John Gillam as he takes the reins amid shareholder concern over returns.
Inside John Gillam’s renovation rescue at Lendlease
The former hardware boss believes Lendlease can get its glory back. This involves ‘the right kind’ of risk.
Why an ex-hardware retailer was picked to chair Lendlease
Former Bunnings boss John Gillam is an interesting choice as chairman for one of Australia’s most recognised real estate groups.
Lendlease taps ex-Bunnings boss John Gillam as chairman
The property developer has signalled it wants to refocus on Australia with the appointment of the man who drove the growth of the popular hardware chain.
Miners lead as ASX rises; Web Travel sinks 36pc on weak update
ASX 200 ends up 0.5 per cent amid gains in the US and China. TPG sells fibre, EGW assets to Vocus in blockbuster deal. Web Travel dives on update. New bosses at Lendlease, Pacific Smiles. BCA puts councils performing poorly on housing on chopping block.
Lendlease taps Japanese firm to back $500m Docklands tower
The developer is the latest to benefit from the rise in Japanese companies chasing higher-growth opportunities in the local property market.
Original URL: https://www.theaustralian.com.au/topics/lendlease