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Company Profile

  • Business description

    Lendlease’s business comprises three segments: development, investments, and construction, and going forward, the main focus will be Australia. The group sells 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 largely 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 exiting its retirement living and Australian communities businesses.

  • 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

Lendlease: New strategy suggests upside from lower risk and quicker profits

Our initial reaction after the property developer remains under review.
stocks

The cheapest ASX share on Morningstar’s Global Best Ideas list

The market is overly pessimistic about this 5-star opportunity.
stocks

The market is overly pessimistic on this undervalued opportunity

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

Markets

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% Change
All Ordinaries 7,975.10 64.80 -0.81%
CAC 40 7,706.89 78.32 1.03%
DAX 40 18,325.58 162.06 0.89%
Dow JONES (US) 39,411.21 260.88 0.67%
FTSE 100 8,281.55 43.83 0.53%
HKSE 18,027.71 0.81 -0.00%
NASDAQ 17,496.82 192.54 -1.09%
Nikkei 225 38,804.65 208.18 0.54%
NZX 50 Index 11,627.86 54.53 -0.47%
S&P 500 5,447.87 16.75 -0.31%
S&P/ASX 200 7,733.70 62.30 -0.80%
SSE Composite Index 2,963.10 35.04 -1.17%

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