SYDNEY--Australian real-estate developer Lendlease plans to exit international construction to free 4.5 billion Australian dollars (US$2.98 billion) for capital returns and local growth initiatives.

For 66 years, Lendlease has been an icon of Australian business. But its global ambitions lie in tatters after a reckoning that’s been coming for decades. Tony Lombardo swears he’s “charged ...

Lendlease declares new A$500 mln buyback Strategy addresses key investor concerns - UBS Shares set for best day since April 2020 May 27 (Reuters) - Australian developer Lendlease (LLC.AX) , opens ...

KUALA LUMPUR: Sydney-based property developer Lendlease Group is eyeing more participation in Malaysian mega projects. Chief executive officer Asia Tony Lombardo said Lendlease would like to ...

In major news on Australian stocks, Lendlease Group (AU:LLC) shares gained almost 10% as of writing after the company released a favourable strategy update. The update outlines plans to streamline ...

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings ...

Simple and focused businesses are in, sprawling empires with global ambitions are out. Lendlease’s board has waved the white flag on its global construction and development strategy, finally ...

Civil & Civic then went on to lead to the formation of the Lend Lease Corporation in 1958 which he chaired until his retirement in 1988. His company soon made its mark in Australia by building the ...

Add articles to your saved list and come back to them any time. Lendlease’s strategy of selling $4.5 billion in offshore assets and cutting staff by a third was welcomed by key investors but ...

SYDNEY—Australian real-estate developer Lendlease LLC-1.89%decrease; red down pointing triangle plans to exit international construction amid what it called a prolonged market downturn ...