Lendlease Group shares down Wednesday, underperforms the Real Estate sector
Here is the latest company close update for Lendlease Group, LLC.
Lendlease
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.
Stockland wins approval to buy $1.3bn housing estate portfolio
The competition regulator has approved the deal on the proviso that a key NSW housing estate is sold off to address its concerns.
ASX 200 soars to second-highest close; Star reveals profit hit
Star trims statutory loss to $1.69bn as earnings, underlying profit take a hit. Cettire drops on analyst downgrade. Brickworks lifts on underlying profit beat. Step One insiders’ near-$32m selldown weighs. Platinum rebuffs Regal takeover.
New Lendlease chairman to be unveiled soon
There are three names believed to be in the running for the Lendlease role but the understanding is that none of the top candidates are from the real estate industry.
Stockland in sale talks to win approval for $1.3bn housing deal
Stockland has confirmed it is in talks with the ACCC over plans to sell an Illawarra housing project as it seeks approval for its $1.3bn purchase of Lendlease’s housing estates business.
Lendlease falls to $1.5bn loss amid costly international exit
The embattled listed property developer is winning local jobs, but still faces a tough task getting capital back to Australia from its offshore unit.
Reporting season points to improving demand outlook
Australia’s August results announcements are giving hope of an earnings recovery linked to an improving demand outlook despite higher interest rates.
ASX 200 up; banks gain; A2M, BlueScope dive
Mixed reactions to Westpac update. BlueScope falls on FY24 profit drop. A2 Milk plummets on missed expectations. Lendlease losses grow. Australian Vintage, SkyCity flag impairments. Reece tanks on near-term challenges.
Stockland hits high note with Waterloo Estate win
The job will see the listed group forge back into developing apartments – at the expense of embattled rival Lendlease.
Why companies are selling their core assets
Australian businesses are increasingly looking to offload non-core assets as the age of the corporate conglomerate draws to a close.
Potential buyers of Lendlease retail fund hover
The focus is on Vicinity Centres when it comes to a potential play for the Lendlease funds management business.
Original URL: https://www.theaustralian.com.au/topics/lendlease