Lendlease hit with ‘please explain’ after downgrade
The developer’s surprise downgrade prompted investors to flee, and now the stock exchange wants answers.
Lendlease
Is demerger on Lendlease’s horizon?
Lendlease says there’s nothing more to see in terms of major change to its construction arm but market watchers aren’t so sure.
Lendlease coming home as global markets stall
Development and building giant Lendlease, under pressure from activist investors and with a sliding share price, will refocus from abroad to its Australian operations, says CEO Tony Lombardo.
Lendlease seeks Macquarie Capital to look at its options
Lendlease is believed to be working with investment bank Macquarie Capital to assess its options.
Lendlease faces investor revolt as turnaround hopes fade
Investors have sold off property developer Lendlease as they were disappointed with the company’s outlook, which has pushed back plans to turnaround its operations.
ASX ends flat; Lendlease leads property falls
Economy to remain resilient: Westpac. Bendigo Bank sees competition issues in ANZ’s Suncorp bid. Boral gains, Seven Group dips on takeover play. APM, A2 Milk soar.
ACCC to investigate Stockland’s $1.3bn housing deal
The competition regulator will look at the impact of the transaction by the country’s top listed developer on the supply of homes.
Lendlease’s US retreat continues
Real estate giant Lendlease has signalled a further retreat from the construction market in the US after earlier announcing it would exit some segments.
Lendlease offloads Darling Square for lucky $88m
The $5.09bn developer is capitalising on demand for well-located restaurants and shopping precincts.
Jail for super swindler that wiped out victims’ life savings
A Melbourne property developer who swindled $520,000 from vulnerable victims including a teacher, a pharmacist and a shearer has been jailed.
Make your bet: the mega-trends reshaping property
Under-pressure Lendlease finally sells one of its foundation assets in a chase for higher-density urban living.
Lendlease sells off estates as it looks to inner city
Lendlease’s $1.3bn sale of 12 housing communities to Stockland underscores the construction giant’s shift towards higher density inner-city projects.
ASX down; Adbri, Link, Tabcorp rocket
ASX 200 closes slightly down. Barro, CRH lob $2.1bn Adbri deal. Link backs $1.1bn offer. Carnarvon CEO steps down. Pacific Smiles says $223m Genesis move ‘opportunistically timed’. Tabcorp wins Vic licence.
Cairns shopping centre sale marks reset in malls market
Values have been savaged since peaking in the last property boom but this latest sale by a Lendlease fund shows centres are now trading around their book values.
Lendlease unit ‘next on Di Pilla’s to-do list’
If David Di Pilla succeeds with the backdoor listing of Chemist Warehouse into Sigma Healthcare, it’s thought Lendlease’s funds management could be his next big target.
Final bidders revealed for $4bn Waterloo housing estate overhaul
The race to develop Sydney’s $4bn Waterloo Estate housing project has narrowed to a contest between two big developers.
Stockland to part with $420m for Lendlease buy: analysts
As a Mexican stand-off between Stockland and Lendlease over the latter’s communities business continues, analysts are assessing how a deal could work.
Lendlease construction unit shopped around
There are rumblings in the market about Lendlease, but this time the chatter is about a sale of its construction arm, with various sources suggesting it’s being offered around.
Lendlease hit by protest vote
The property giant’s top ranks are under pressure after a near-40 per cent first strike against its pay report as they try to turn around in a tough environment.
ASX falls; pay hits at Ingenia, Lendlease
Oil price falls weigh on energy producers. Lendlease, Ingenia investors deliver first strikes. Optus CEO Kelly Bayer Rosmarin defends handling of outage. APM founder’s near-$4m buy-in.
Original URL: https://www.theaustralian.com.au/topics/lendlease/page/5