LendLease

Lendlease and Mitsubishi Estate Asia’s luxury residential tower, One Circular Quay, has reached a new milestone, surpassing $1 billion worth of sales as construction powers ahead to deliver the highly sought-after residences on the doorstep of Sydney’s world-renowned harbour. Since its exclusive off-market launch in late-2022, more than 50 per cent of residences have pre-sold.

Lendlease today announced that it has sold a further 21 per cent interest in its US Military Housing asset management income stream to an existing partner for a cash consideration of A$126 million

Lendlease today unveiled plans for its new mixed-use development that is set to revitalise Melbourne’s landmark intersection at Flinders and Swanston streets in the CBD, following endorsement of its development plans.

Accenture and Lendlease today announced they are expanding their partnership to further invest in developing Lendlease’s industry-leading Podium Property Insights (PPI) platform.

Lendlease had obtained approval to Development Application for the circa $80 million Gold Creek Homestead development, which will incorporate a new residential aged care facility and an extension to the adjoining The Grove Retirement Village in Ngunnawal.

Lendlease and QuadReal Property Group (QuadReal) in partnership will deliver their first build-to-rent residential apartment building at Brisbane Showgrounds in Queensland.

Keppel REIT Management Limited and Lendlease today announced that Equifax, a global data, analytics and technology company, will be the anchor tenant for the new office development Blue & William in North Sydney.

Lendlease’s One Sydney Harbour residential development has secured more than $3.7 billion in sales across its three towers, as the project celebrates a significant milestone of ‘topping out’ of Residences One, marking the completion of the highest structural point of the 72-storey tower.

A private syndicator has acquired a 100% interest in Queensland’s Caneland Central Shopping Centre, with management rights, for $280 million.

Lendlease’s Real Estate Partners 4 fund and Realside have signed contracts to acquire 108 St Georges Terrace, Perth, WA from Brookfield.

Lendlease and Revelop have today announced the Development Application approval for the circa $50 million Calderwood Village, located in Lendlease’s $380 million masterplanned community in the Illawarra.

North Sydney’s newest boutique office building, Blue & William, has celebrated a significant milestone today as it reaches structural completion and moves into the next phase of development with the installation of the building’s distinct terracotta façade.

Lendlease today announced that construction is set to begin on its flagship commercial building in North Sydney, Victoria Cross Tower.

Lendlease announced a statutory loss of $99m for FY22 but has seen conditions improve over the last 6 months with core operating profit rising to $248 million, up from $28 million in the first half.

Lendlease and Mitsubishi Estate Asia have formed a joint venture to acquire the One Circular Quay development in Sydney for c.$800 million in up front and deferred consideration, with an additional $50 million payment subject to certain project outcomes.