After several years of losses, a strategy pivot by Australia-based builder and developer Lendlease appears to be paying off. On Monday, the firm reported a statutory profit of $48 million ...

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Lendlease returned to profit in the first half of fiscal 2025, with operating earnings per share of AUD 0.18, compared with negative AUD 0.02 for the same period last year. This met our expectations.

Lendlease is simplifying, with plans to exit the development and construction businesses overseas to focus on the Australian market. Its offshore interests will be mainly limited to owning and ...

Its operating profit after tax (OPAT) soared to $122 million, a $133 million increase from the previous period. The latest financial data indicated a robust period for Lendlease, with operating ...

Investors also backed Lendlease’s vision for a push further into the area, with Lendlease flagging it was in talks to acquire or joint venture on more sites as its existing projects sell out.

Lendlease will save at least $17.1m from a deal with the ATO, which waived chunks of penalty interest, but the construction giant said it would still fight the decision. As it ruled off its ...

More news: Lendlease shares fell in early trading, even as the real estate and construction group swung to a first-half statutory profit. Shares were down 2.1% to $6.60 at 10:40am AEDT, extending ...

“Recycling” is the aim of the game this reporting season as Mirvac, Lendlease and GPT slim their portfolios and rework their strategies ... as well as the acquisition of three land lease communities.

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