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Australian developer Lendlease will retreat from its overseas construction businesses and free up to A$4.5 billion ($2.9 billion) in capital for shareholders, putting a lid on its international ambiti
About 600 more tech and biotech layoffs rocked the Bay Area job market in a fresh round of cutbacks that suggest the staffing reductions in the region have yet to run their course, new state governmen

Lendlease slumps to loss as reset takes toll

12:00am, Monday, 21'st Feb 2022 Herald Sun Australia
Development major Lendlease has crashed to a $264m loss in the first half as it restructures the business, but it says that its through the worst of the crisis and is stepping up new developments.
Global property giant Lendlease has reported a loss for the first half of $264 million as it moves to simplify the business and focus on its core operations of development, construction and funds management.
The New York Building Congress announced Ralph J. Esposito has been appointed as the new Chair of the organization. Esposito is currently President of the Northeast and Mid-Atlantic region at Suffolk and previously worked at Lendlease for nearly 25 years. Throughout his tenure in the industry, Esposito has served as a key player in the construction of the September 11 Memorial and Museum at the World Trade Center and the expansion of the Columbia University Manhattanville Campus, among other iconic projects in New York City. He replaces Elizabeth Velez, President of the Velez Organization, who has served as Chair since January 2020. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220211005436/en/ Ralph J. Esposito has been appointed as the new Chair of the New York Business Congress. (Photo: Business Wire) "I have been closely involved with the Building Congress for 24 years and have experienced first-hand its many accomplishments in the building industry, so it is a privilege to serve as the new Chair of this tremendous organization," said Ralph J.

Lendlease puts two NZ retail outlets up for sale again

10:57pm, Wednesday, 09'th Feb 2022 NZ Herald
Australia''s Lendlease is again trying to sell two New Zealand outlet shopping centres in a deal expected to be around $300 million after failing to quit the assets three years ago. In October 2019, the …

Modular Construction Market to Reach USD 114.78 Billion by 2028 at a CAGR of 6.1%

10:10am, Thursday, 09'th Dec 2021 Intrado Digital Media
Companies profiled in modular construction market are Guerdon Modular Buildings, Laing O''Rourke, ATCO, Red Sea International Company, Bouygues Construction, VINCI Construction Grands Projets, Skanska AB, Algeco, KLEUSBERG GmbH & Co. KG, Katerra, Lendlease Corporation Companies profiled in modular construction market are Guerdon Modular Buildings, Laing O''Rourke, ATCO, Red Sea International Company, Bouygues Construction, VINCI Construction Grands Projets, Skanska AB, Algeco, KLEUSBERG GmbH & Co. KG, Katerra, Lendlease Corporation
Global property giant Lendlease and Singapore-based Keppel REIT are taking a large bet on the growth of the North Sydney office market with the purchase of a $327.7 million tower development.
Landsec is in talks to buy Lendleases 25% stake in the Bluewater Shopping centre in Kent for a knockdown price of around £200m, Property Week understands.

Energy, iron ore stocks rally, but tech sinks ASX

05:46am, Wednesday, 24'th Nov 2021 The Australian Financial Review
The S&P/ASX 200 Index closed 0.2 per cent lower at 7399.4. Pinnacle fell 5.6 per cent, while Lendlease rose 3.2 per cent.
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