Lendlease

Lendlease is a Sydney-based firm established in 1958, specializing in real estate and infrastructure investments. The company operates through three main segments: development, investments, and construction, with a primary focus on the Australian market. Lendlease creates and delivers sustainable property solutions, aiming to benefit future generations. To optimize returns for institutional investors, it offers access to a diversified portfolio of assets, including both traditional and non-traditional investments. The firm strategically sells stakes in mature projects to its funds management clients, which allows it to generate management fees and reduce risk while securing capital for new developments. Although construction generates substantial revenue, it operates on slim margins, necessitating the retention of this segment to maintain expertise and scale for the development sector. Lendlease has divested its engineering and services business but continues to manage risks associated with ongoing projects, such as the Melbourne Metro.