Lendlease Group
LLC: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| Rn | LOCK|?c | LOCK|>z |
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.
