Lendlease Group
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
300 Barangaroo Avenue
Level 14, Tower Three, International Towers Sydney
Exchange Place
Barangaroo
SydneyNSW2000
AUST: +61 292366111
Sector
Real Estate
Stock type
Cyclical
Industry
Real Estate - Diversified
Fiscal Year End
30 June 2025
Employees
10,825
Morningstar Investment Ideas
Markets
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S&P/ASX 200 | 8,414.80 | 91.80 | 1.10% |
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