News Articles for Lendlease

Lendlease's almost $1.3 billion sale of a dozen master-planned projects, including two in Perth, has cleared the Foreign Investment Review Board.

Our weekly appointments wrap includes Aaron Rankine, Ian Macliver, Carol Adams, Ashleigh Lyford, John Gillam, Suzanne Brown, and Romina Raschilla.

Lendlease has appointed former Bunnings chief executive and 40under40 alumni John Gillam as its chairman, replacing Michael Ullmer.

The national competition watchdog has supported Stockland's $1.3 billion acquisition of a dozen Lendlease projects, including two in Perth, despite initial concerns.

National property group Lendlease announced it would dispute a $112 million tax bill over an audit of a partial business sale.

The global management consultant firm is moving to QV1.

Some of Australia's largest companies will implement new Aboriginal heritage protection measures which would grant Traditional Owners powerful rights of consent over Country.

The property giant plans to accelerate its delivery of land estates this year, following a $199m loss in its latest results.

Mark Beyer and Mark Pownall discuss Basil Zempilas; Waterbank; Nicola Forrest; Brian Anderson; house prices and interest rates; and Ivan Vella's IGO saga.

Playing fields will be created on the site once mooted for a $1 billion apartment project, following the state government's determination that the land was not suitable for development.

Lendlease Group has recorded a growth in its funds under management to nearly $50 billion but has reported a loss of $232 million in the 2022-23 financial year.

Engineering services firm SRG Global has secured a $30 million contract with property developer Lendlease Group to deliver works at a hospital in Victoria.

A Perth court has fined national construction group Lendlease over a workplace safety breach during the $223.6 million redevelopment of the Campbell Barracks in Swanbourne.

SRG Global has notched a $40 million contract to engineer wall façades for a luxury hotel and apartment project on Sydney Harbour purchased by Andrew Forrest.

The mining group's staff were informed this week that they are set to move to the ISPT asset by 2025.

The owners of 108 St Georges Terrace are keen to reposition the asset.

Andrew and Nicola Forrest-led Tattarang has acquired prime Sydney land for more than $500 million, with plans to construct Australia's first Waldorf Astoria Hotel.

Plans for a mid-tier public transport network connecting infill suburbs is gaining traction with industry.

The multinational group has divested $522.5 million of retail assets, including Willetton's Southlands Boulevarde for $92.5 million.

Simone Grogan talks about AVI and the potential for lithium to drive WA's future exports.

Lendlease and Realside are closing in on a $340 million deal to purchase the former Bond Tower from Brookfield.

More than 600 hectares of land in North Ellenbrook has recently been assessed as potential future development plans loom for the area.

A failed Pilbara accommodation provider has revived its lawsuit against BHP over allegations the mining giant colluded with Lendlease to end a contract underpinning its survival.

A spate of transactions in Perth's CBD is set to occur, with the low-profile Baldock family among the prospective buyers.

The multinational developer, which exited its $1 billion Waterbank project in Perth this year, has announced a $99 million loss at its full year results.

Developers appear willing to go all in when it comes to backing regional hotels.

Perth-based Greenpool Capital has partnered with global real estate investment manager Savills to acquire a shopping centre in Perth's south-east for $81.5 million.

WA building companies are learning from the collapse of competitors over the past 12 months.

EXCLUSIVE: The multinational developer is pulling up stumps on the $1 billion East Perth project after more than a decade at the site.

The multinational behind East Perth's Waterbank development has linked decreased construction and development earnings and a restructure for the loss.

SRG Global has secured work in WA's maritime sector, including on the billion-dollar upgrade to the HMAS Stirling naval base on Garden Island.

Wangara-based Duratec has secured a $110 million contract to build a refuelling centre at the Australian air force base at Tindal, in the Northern Territory.

International property giant Lendlease has been given the green light to build a $45 million office tower in the heart of Joondalup, adjacent to its Lakeside Joondalup Shopping Centre.

Four companies, including Downer EDI and Fulton Hogan, have won new contracts from NBN Co as part of the provider's move to update the network.

Three consortia led by CPB Contractors, NRW Holdings and BMD Constructions have been shortlisted to complete further upgrades to Mitchell Freeway.

Perth-based NRW Holdings has secured further work in Queensland under civil construction and mining contracts totalling $170 million.

Property developer Lendlease has posted a first-half earnings decline of 37 per cent after COVID-19 stifled interest in building development.

Perth-based Veris has been subcontracted for works at the Royal Australian Navy's military base in Western Australia, while also winning projects in Victoria and NSW.

Investigators have reassembled the roof of a building at Perth's Curtin University that collapsed in October, killing an apprentice construction worker and injuring two others.

South Australian-based DiMauro Group has appointed Colliers International to manage the Armadale Shopping City, following the settlement of the group's acquisition this week.