Lendlease reveal their $15.7b urbanisation pipeline

Company News

by Rachael Jones

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.

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.