Lendlease plunges to $310m loss
Lendlease sank to an annual loss as it absorbed costs tied to the exit of its engineering business and the impact of the COVID crisis.
Lendlease sank to an annual loss as it absorbed costs tied to the exit of its engineering business and the impact of the COVID crisis.
Lendlease could be hit with two further class action lawsuits related to its disclosures of problems in its troubled engineering division.
Surveying Melbourne’s commercial property sector, Macquarie Equities has identified the listed groups likely to be hardest hit.
Listed companies facing refinancing such as LendLease, Worley and Qantas are among those hit hardest in the bear attack.
The ABCC has tried to keep secret the details of its investigation, one of six into nationwide rallies last year.
Lendlease says it will co-operate with Malaysia’s investigation into the 1MDB wealth fund, which backed its project in that country.
Lendlease is set to expand into China’s retirement village market, as it beds down a $400m project in Shanghai.
Lendlease delivering on a promise of more major projects in international cities.
GDI Property Group flagged a major tie-up with Lendlease in Perth to develop a new retail and commercial precinct.
Construction and development giant Lendlease has sold a 25 per cent stake in its retirement living business.
The 25 per cent stake sale values Lendlease’s retirement living business at $1.7 billion.
Lendlease is heading the field to buy the building at 10 Spring Street, which is set to change hands for about $260m.
Lendlease CEO Steve McCann has urged executives to introduce internal reporting systems to tackle gender pay equity.
Michaelia Cash tells CFMEU to get on with striking code-compliant agreements after union loses appeal.
Investors have questioned the developer’s systems after a technical glitch forced it to rush results on Friday.
Lendlease has signed a landmark deal with an indigenous digital training venture backed by KPMG.
Decades of consensus on economic reform have split apart.
A renewable energy company plans to build a battery-ready solar power station at Northam in Western Australia.
A renewable energy firm plans a $20m battery-ready solar power station in WA, with more to follow across Australia.
Lendlease has hit back at claims by Michaelia Cash that it has engaged in cartel-like conduct with the construction union.
Michaelia Cash has declared the new building code is needed to address the ‘cartel-like behaviour’ of major builders.
Shame on you, Derryn Hinch. Shame, shame, shame.
The company and unions are equal partners in the crime of stealing our taxation dollars.
Enterprise agreements between building giants and unions hit subcontract options.
Doubts surround pacts entered into by unions and employers.
With its share price surging more than 4pc today, NAB is in favour among top analysts.
Lendlease has posted a 13pc rise in annual net profit, as low interest rates continue to support city construction.
Copenhagen’s Noma will open a 10-week version of itself at Sydney’s Barangaroo development in January.
Original URL: https://www.theaustralian.com.au/topics/lendlease/page/10