LLC operates in over 40 countries, with a significant presence in Australia, Asia, Europe, and the USA. Lend Lease is listed on the Australian Stock Exchange and is a member of the ASX 200.
LLC today announced the sale of its 75% interest in the Chelmsford Meadow Unit Trust for approximately A$65 million.
The sale of the asset to was to Legal & General property.
CEO & Managing Director Steve McCann, said that the proceeds will be used to develop more significant projects that are currently in the pipeline.