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Crown Estate and Lendlease formalise £24 billion joint venture

Major statement of intent from King's property company
(left to right) Baroness Gustafsson, Dan Labbard, Tony Lombard, Rachel Reeves. (Crown Estate)
(left to right) Baroness Gustafsson, Dan Labbard, Tony Lombard, Rachel Reeves. (Crown Estate)

The Crown Estate, the reigning UK monarch's property company, and Lendlease have entered into a conditional agreement to create a joint venture partnership focused on Lendlease’s up-to-£24 billion undeveloped UK land management portfolio.

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