Lendlease
The Manhattanisation of Sydney
Sydney’s city skyline is being transformed into a mini Manhattan with luxury residential towers soaring out of the ground to replace the increasingly embattled office skyscrapers.
- by Carolyn Cummins
Latest
Move over Crown: First look at plans for Sydney’s tallest-ever buildings
Two proposed skyscrapers next to each other would transform the CBD skyline and effectively match the Sydney Tower Eye as the city’s tallest structure.
- by Michael Koziol and Julie Power
Investors give Lendlease a tick for overhaul amid warning it ‘will not be easy’
Investors are positive about Lendlease’s restructure, but there will be short-term pain while the process is under way to achieve long-term gain, analysts warn.
- by Carolyn Cummins
Opinion
Activist shareholders
Why this property giant’s shareholders staged a strategy coup
The hulking-out of Lendlease shareholders not only demonstrates just how aggrieved they were, but it is also a reminder that investors are the owners and in theory the board works for them.
- by Elizabeth Knight
Lendlease exits overseas assets as it announces overhaul
The property giant will incur costs of up to $1.475 billion as it shifts away from the overseas construction markets and focuses on its Australian businesses.
- by Carolyn Cummins
Lendlease investors to demand answers at Monday showdown
Embattled chief executive Tony Lombardo will outline the global property giant’s direction, with investors bracing for a barrage of changes.
- by Carolyn Cummins and Simon Johanson
Serpentine glass facade to delay new QPAC theatre by another year
The installation of the intricate glass facade at the theatre will take about a year, developer Lendlease has revealed, kicking the already delayed delivery further down the road.
- by Cameron Atfield and Matt Dennien
Updated
World markets
ASX flatlines; Webjet a winner, Telstra tumbles again
The Australian sharemarket was unable to hang on to its early gains as weakness in communication stocks pulled the bourse slightly into the red.
- by Jessica Yun
Opinion
Board shake-up
Lendlease’s sacrifice of chairman won’t appease bloodthirsty investors
Many feel that the board has engaged in a bit of tinkering when full-scale renovation is needed.
- by Elizabeth Knight
Lendlease chairman to exit property giant at AGM
Global property giant Lendlease has announced that chairman Michael Ullmer will retire at its annual general meeting in November, following concerns about the company’s underperformance.
- by Carolyn Cummins
Lendlease sells down Asian asset ahead of investor showdown
The property giant has moved to simplify its business with the sale of life sciences interests in Asia, with chairman Michael Ullmer reportedly on his way out.
- by Carolyn Cummins
Original URL: https://www.watoday.com.au/topic/llc-wg