Activist shareholder Elliott Investment Management has revealed its wish list for the board of beleaguered Northern Star Resources, while increasing its stake in the goldminer.
Lendlease has sold its half stake in Lakeside Joondalup to Cbus Property in a $1.3 billion deal, marking one of the largest retail transactions of the year.
The global real estate investment group has agreed to sell its stake in the Joondalup asset, as well as a half stake in Westfield Carindale in Queensland, to the Cbus Super investment and development arm.
Lendlease did not provide a breakdown of what each centre was worth in its statement today, but it is estimated its stake in Lakeside Joondalup is worth about $450 million.
