Shares of Lendlease Group Rise After Securing About AU$1.5 Billion Construction Contract

MT Newswires Live

2025/12/24

Shares of Lendlease Group (ASX:LLC) rose past 4% in recent Wednesday trade after it said in a late Tuesday filing that it secured an about AU$1.5 billion contract for the construction of a metro station in Sydney.

The contract also involves the development of a commercial tower in Sydney, which is expected to have a gross end value of about AU$2.2 billion, the filing said.

The project is scheduled to start in fiscal year 2027 and is expected to be completed in fiscal year 2032, the filing added.

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