Lendlease Group Says AU$3 Billion Worth of New Works Secured Year-to-Date in Fiscal 2026

MT Newswires Live
Nov 14, 2025

Lendlease Group (ASX:LLC) said it has secured AU$3 billion of new work in fiscal 2026 year to date, more than half of AU$5 billion secured in fiscal 2025, according to a Friday Australian bourse filing.

The company said it targets about AU$2 billion of C-R-U asset recycling by year-end fiscal 2026, with roughly AU$1 billion already in advanced stages from planned sales of TRX Malaysia and Retirement Living Australia. The company expects a further AU$300 million from the completion of the Crown Estate joint venture in fiscal 2026.

The company added that recycling processes are well advanced. However, delays in transaction completion, together with planned capital expenditure and other commitments, will see net debt elevated at the half compared to last year.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10