Lendlease Group

LLC: XASX (AUS)
View Stock Summary
Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
cLOCK|dMLLOCK|!Gf

We Lower Lendlease's FVE by 6% to AUD 8 per Security Following Transfer of Coverage

Business Strategy and Outlook

Lendlease is simplifying, with plans to exit the development and construction businesses overseas to focus on the Australian market. Its offshore interests will be mainly limited to owning and managing mature assets, not development or construction. This involves selling over AUD 2.8 billion in assets, including United States military housing, Australian retirement living and communities, and projects in the early stages.

Sponsor Center