Business
Lendlease Eyes $120bn Development Pipeline – The Urban Developer
Lendlease has rolled out plans to accelerate development production over the next five years while also scaling up its investments.
In a recent strategy update, Lendlease chief executive Steve McCann laid out the scope of the companys existing pipeline while also mapping out plans to increase its average development production and exposure to $8 billion.
The property groups development activity has averaged $4.3 billion annually in recent years.
The companys existing pipeline of projects globally, 60 per cent of which was secured in the last three years, has grown from $30 billion in 2009 to $113 billion, with its urbanis…
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