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Company Profile

  • Business description

    Lendlease’s business comprises three segments: development, investments, and construction. Development accounted for more than half of EBITDA in 2020, and the future pipeline is so large it cannot be funded from its own balance sheet. The group is selling stakes in mature projects to its funds management clients. This sacrifices development profit, in return for management fees, reduced risk, and capital to accelerate new projects in the pipeline. Construction generates large revenues but slim margins. This business is retained to preserve expertise and scale for the development business. Lendlease sold its engineering and services business during the pandemic, but retains some risks, notably the Melbourne Metro project. It is also reducing its exposure to retirement living.

  • Contact

    Level 14, Tower Three, 300 Barangaroo Avenue
    International Towers Sydney, Exchange Place
    Barangaroo
    Sydney NSW 2000
    AUS

    T: +61 292366111

    https://www.lendlease.com

  • Sector

    Real Estate

    Stock type

    Cyclical

  • Industry

    Real Estate - Diversified

    Fiscal Year End

    30 June 2024

    Employees

    10,825

Lendlease Group News & Analysis

stocks

The market is overly pessimistic on this undervalued opportunity

We believe the market is overly pessimistic on this Australian property player. 
stocks

5 ultracheap shares undervalued by more than 50%

These 3 US and 2 ASX shares may appeal to investors with long time horizons and an appetite for risk.
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ASX listed share added to our best ideas

The August edition of our Global Best Ideas list includes a new pick from our analysts. 

Markets

Index
Last price
Change
% Change
All Ordinaries 8,153.70 80.10 0.99%
CAC 40 8,218.56 13.75 0.17%
DAX 40 18,478.45 1.36 0.01%
Dow JONES (US) 39,760.08 477.75 1.22%
FTSE 100 7,952.37 20.39 0.26%
HKSE 16,541.42 148.58 0.91%
NASDAQ 16,399.52 83.82 0.51%
Nikkei 225 40,168.07 594.66 -1.46%
NZX 50 Index 12,105.29 94.63 0.79%
S&P 500 5,248.49 44.91 0.86%
S&P/ASX 200 7,896.90 77.30 0.99%
SSE Composite Index 3,010.66 17.52 0.59%

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