Business
ASX up 1.4% and tracking for best start to a year in two decades – The Sydney Morning Herald
The ASX was expected to fall in the first trading session of 2021 but instead gained 1.4%. The miners and banks were strong.
Multi-billion dollar global infrastructure firm Lendlease – in partnership with Aware Super – has secured a 3.5-acre transit-oriented site in Los Angeles for $92 million. The two organisations each hold a 50 per cent stake interest in the plot, which they say could rise to $600 million in value.
The 500,000-square-feet, mid-rise project will feature world-class architecture in close proximity to the rapidly growing Culver City submarket.
It will include 260 multi-family residential units, 250,000-square-feet…
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