Questions over mega|projects as Lendlease steps back from UK ...

Australian construction and developer giant Lendlease is to pull back from its UK construction work, raising questions about a series of ...

Australian construction and developer giant Lendlease is to pull out of the UK, raising questions about a series of mega-schemes on its books.

Lendlease is pulling out of the UK and selling its overseas construction businesses so that it can focus on its operations in Australia. #lendlease.

ARTICLE: Questions over mega-projects as Lendlease steps back from UK construction Read more here -...

It blamed low overseas construction margins of just 0.6% and “overweight” projects for the move, which it said would free up AD $4.5bn (£2.35bn) ...

'I'm at a loss about what to make of it all' – Will Lendlease disappear from UK construction, and what would that say about the state of the ...

The final bucket involves large projects where Lendlease is master developer, often those in which public sector bodies or governments own the ...

Regional management structures will be removed over the next 12 months with its construction business to be focused solely on Australia by the ...

Industry analysts suggest that Lendlease's exit could create opportunities for other construction firms to step in and take over the projects.

The firm also gave an update on plans to withdraw from the construction market in the UK, US and Asia, as announced in May. Lendlease said it ...

The latter include a number of land management agreements that are to be revised, including major UK projects such as its strategic developer ...

Questions over mega-projects as Lendlease pulls out of UK. The Architects' JournalQuestions over mega-projects as Lendlease pulls out of UK ...

Lendlease CEO Tony Lombardo said “Today's announcement represents another step to simplify Lendlease to create a more focussed company for ...

In a significant move for Lendlease, Simon Gorski, the head of the company's UK construction division, has announced his departure.

... development assets abroad which include major projects slated for the US, UK and continental Europe. That plan was quickly endorsed by ...

Citing a 0.6 per cent EBITDA on these overseas projects, he said: ... Related questions you can explore with Ask Construction News, our new ...

Lendlease is pulling out of the UK and selling its construction business in a radical strategic overhaul to focus on its home Australian market.

Lendlease is beginning a consultation on job losses at its UK developments business as part of a promised cost-cutting programme.

But Lendlease said it was "refocusing" on its strongest market, Australia, and would look for investors for the construction of its projects in ...

Then came COVID which ushered in work-from-home and the investors turned sour on commercial real estate. Soon the era of cheap money ended and ...