Updates share moves, adds Citi comment
** Real estate firm LendLease LLC.AX rises 1.2% to A$5.6
** Stock among top 10 biggest pct gainers on local benchmark .AXJO
** Co enters joint venture with The Crown Estate - the property manager of the British monarch - to sell six of its UK development projects
** Shares added over 2% on Friday after co said negotiations for the JV were in late stages
** We upgraded to "buy" last week following the announcement of the potential sale of the UK development portfolio - Citi ('Buy', PT A$7.5)
** Citi says LLC has flagged progress towards a buyback, which may be highly likely with further asset sales
** Co will accelerate release of more than A$300 mln ($192.4 mln) of capital from its international development book
** YTD, LLC falls 10.4%
($1 = A$1.5596)
(Reporting by Nichiket Sunil in Bengaluru)
((Nichiket.Sunil@thomsonreuters.com;))
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