Lendlease Group

LLC: XASX (AUS)
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Lendlease: More Weeds Cleared on the Path to Lower Gearing; Lifting FVE by 13% to AUD 4.50

Lendlease's lawyers are busy drafting sales contracts in the final week of the fiscal year. Within two days, the company announced the divestment of its 25% interest in Australia's Keyton Retirement Living for AUD 525 million and its UK build-to-rent portfolio for AUD 260 million.

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