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Lendlease Posts A$1.5 Billion Loss as It Retreats from the International Stage

Australian Investor and Developer Has Completed A$1.9 Billion of Sales From A$2.8 Billion On-Market Assets
Elephant Park in London is among the projects Lendlease has put up for sale.  CoStar)
Elephant Park in London is among the projects Lendlease has put up for sale. CoStar)
CoStar News
August 19, 2024 | 12:26 P.M.

Lendlease has posted a A$ 1.5 billion (£775.5 million) net loss as it took a hit from exiting its international construction business and the capital release from offshore development projects.

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