ASX falls 0.5pc on banks; gold miners soar
Banks lead most sectors lower. Gold miners rally on bullion price spike. Iron ore eyes nine-month high. Goldman Sachs tips Fed to pause rates. Dollar jumps.
Lendlease
Lendlease closer to $300m Melbourne shopping centre sale
The shopping centre market is showing signs of life, with Craigieburn Central in Melbourne close to selling for more than $300m.
Lendlease hit by $200m provision in Britain
The development major’s shares were routed as it also warned that it would miss targets in its Australian land unit due to the tougher market and bad weather.
ASX down 0.2pc; Star, JB Hi-Fi, Lendlease dive
Shares fall to a four-week low. Star hits record low after $1.6bn earnings hit. JB Hi-Fi warns of slowdown. Lendlease falls on miss. Endeavour jumps on upbeat result.
Lendlease launches Brisbane build-to-rent project
Property giant Lendlease has joined the build-to-rent rush in Australia, launching a project at the Brisbane Showgrounds with the backing of a major Canadian investor.
Lendlease fund rating cut over consumer, debt fears
S&P Global has downgraded a Lendlease retail fund’s credit rating amid concerns consumer confidence could weigh on the sector in 2023.
ASX gains 0.5pc; BHP miners call for 12pc pay rise
ASX rises for a second day; Seek paces heavyweight gains; 29Metals sinks on outlook; ANZ warns on consumer spending; BHP signs $9.6bn OZ takeover and miners weigh.
Lendlease makes $242m exit as HMC advances
Funds management house HMC Capital has snapped up two shopping centres from a Lendlease-managed trust as it seeks to grow its empire.
Lendlease sells Caneland Central as retail opens up
The $280m shopping centre sale shows the great retail reset is gaining pace, with customers returning but values at a lower level.
Lendlease equity raising? Not according to the company
The market is becoming nervous about the outlook for Lendlease and believes it will need additional equity.
Lendlease on the hunt for local sites
The global property and investor heavyweight has been on the back foot as the cycle turns, but its local arm is chasing fresh deals.
Lendlease draws a protest after ‘disappointing’ year
The company has been hit by global economic weakness and warned of more uncertainties to come.
Baird not on ‘Christmas card list’ over Barangaroo deal
Former NSW premier Mike Baird claims he frustrated repeated attempts by developers to secure views at the Sydney harbourside precinct.
Steep price to secure luxury Sydney units
After years of under the radar marketing, Lendlease is finally readying to sell opulent properties at its new One Circular Quay units — but it comes at a huge cost.
Sweeteners aplenty in secret Barangaroo developer deal
An inquiry into the development will on Friday hear from Lendlease executives along with Grocon boss Daniel Grollo and ex-premier Mike Baird.
Alan Bond-developed tower sells to funds duo
The sale of the St Georges Terrace skyscraper marks a lift in the resources capital.
Hemmes, developers target new city skyscrapers
Two new skyscrapers have been proposed to rise above the Sydney Metro Hunter Street Station, thanks to billionaire publican Justin Hemmes alongside developers Lendlease and Mirvac.
Lendlease reveals tougher outlook as inflation, rates bite
Shares tumbled after the famed developer warned this year would be tough but backed a plan to get on track by 2024.
Back in the saddle for a tilt at Everest
You can take the man out of the casino but you can’t take the gambling bug out of the man – in this case ex Crown chief Steve McCann.
Lendlease swoops on Werdiger towers in $300m play
Melbourne’s wealthy Werdiger family has sold two city office blocks to Lendlease’s funds unit for about $300m as year-end deal-making picks up.
Original URL: https://www.theaustralian.com.au/topics/lendlease/page/8