LendLease

JLL, Australia’s largest commercial property services firm, today announced it will be moving its Sydney headquarters to the new landmark Sydney Place development at 180 George Street, set to be completed next year.

The Lendlease managed Australian Prime Property Fund Retail (APPF Retail) has reached conditional agreement on the sale of its 50% interest in Harbour Town Gold Coast to Vicinity Centres for circa $358.0 million.

Lendlease and Morgan Stanley Real Estate Investing have acquired a portfolio of eight assets from a private logistics group, in a $430m deal.

Lendlease is hoping that resetting its organisational focus will help to deliver better returns and push the business to $70bn of funds under management by 2026 under plans released today by the Group.

A new community in Melbourne’s south-east has launched, with lots snapped up within 30 minutes and a second release fast-tracked.

Real Asset Management is reported to be paying Lendlease $115 million for a recently refurbished, fully leased Canberra office.

Lendlease have released their FY21 financial results which reflect the impacts from COVID on their global business.

Lendlease today announced the establishment of a joint venture with Mitsubishi Estate to deliver Residences Two, the second residential tower at One Sydney Harbour, Barangaroo.

Lendlease today announced that the National Pension Service of Korea (NPS), one of the world’s largest pension funds, has acquired a 100% interest in Melbourne Quarter Tower

Lendlease announces an update on its FY21 financial performance including the ongoing impact of the COVID-19 pandemic on its Core operating business, particularly in the UK, as well as the status of its Non core business.

Lendlease has acquired an adjoining La Trobe Street office tower in Melbourne for $203m positioning themselves for a future development play.

Metro Property Group has emerged as the expected buyer of Lendleases half finished Bingara Gorge project in Sydney South West in a $220m deal.

Lendlease will today launch a global campaign to promote its new sustainability targets, which are some of the most ambitious for the real estate sector globally.

One of the nation’s largest group of office assets, Lendlease Funds Management’s Australian office portfolio, has officially been certified carbon neutral.

Investor support for mid sized Shopping Centres appears to have held firm following the sale by Lendlease’s Australian Prime Property Fund Retail of the CS Square shopping centre to privately owned DeGroup for $136.5 million.