Lendlease (ASX:LLC) released their Australian property market briefing today showing they intend to focus on securing large scale projects – above $1 billion in end value, delivered over multiple property cycles.
They have a $15.7 billion urbanisation pipeline with residential at $10.2 billion and $5.5 billion in commercial.
They also want to look at Government infrastructure related development projects such as Melbourne Metro over station development, Sydney metro and Central station in Sydney.
They also want to continue to work with residential opportunities for the aging population.
Shares in Lendlease (ASX:LLC) up 1.32 per cent to $19.15.