LendLease

One Circular Quay reaches $1b sales as construction powers ahead

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.

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One Sydney Harbour exceeds $3.7b sales as Residences One reaches highest point

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.

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Lendlease Looks to Improving Conditions

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.

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