Lendlease Group

Company Profile

• Business description

  Lendlease has three segments: investments, development, and construction. Lendlease in the past operated locally and overseas across all three segments. But the group opted to retreat from international development and construction, focusing on Australia. The investment management platform, however, will still retain international exposure. Historically, the investments segment contributed about one-third of group EBITDA, development around half, and construction the remaining. The group is targeting an earnings mix between investments/development/construction of 50%/35%/15% after the current restructure, shifting more weight to the defensive and higher-margin investments segment. Sales proceeds from asset divestments will primarily be used to repay debt.

• Contact

  300 Barangaroo Avenue
  Level 14, Tower Three, International Towers Sydney
  Exchange Place
  Barangaroo
  SydneyNSW2000
  AUS

  T: +61 292366111

  https://www.lendlease.com

• Sector

  Real Estate

  Stock type

  Cyclical

• Industry

  Real Estate - Diversified

  Fiscal Year End

  Employees

  3,467