Lendlease to Scale Back Overseas Construction Operations, Focus on Cost Reductions

Quick Summary:

It aims to unlock A$4.5 billion (S$4 billion) of capital.

Lendlease Global Commercial Reit H1 DPU down 14.5% to 2.

Lendlease Global Reit’s committed portfolio occupancy rises to 88.

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Article Details

Category: EconomyBusiness

Markets: SingaporeAustralia

Topics: Construction Buyback Lendlease Company Million Capital Lower Billion Share Pre-tax Aims

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-05-27 @ 10:57:00 (1 months ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 349 words

Reading Time: 2 minutes read

Sentences: 17 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Straits Times

News ID: 21099105

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About The Straits Times

Main Topics: EconomyBusiness

Official Website: straitstimes.com

Update Frequency: 15 posts per day

Year Established: 1845

Headquarters: Singapore

News Last Updated: 1 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

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Publisher ID: #25

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