Lendlease to end global ambitions and put $4b in assets on the market
While it will retain its Asian investment platform, the restructure will be the biggest shake-up at the property giant since it sold MLC two decades ago.
Source: afr.com
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Stockland reports new sales inquiries up 20pc as interest rate expectations stabilise
The developer and landlord has kept its earnings outlook unchanged even as residential earnings slumped in the six months to December.
Source: afr.com
Ingenia settlement revenue jumps as home-building constraints ease
The developer of affordable housing for downsizing over-55s could not avoid higher building costs, which have narrowed its new-home profit margin.
Source: afr.com
Dexus: Guidance for full-year 2024 distributions holds steady at 48¢
Chief executive Darren Steinberg says there are signs of stability is returning to the office deals market as buyers gain confidence that write-downs are near the end.
Source: afr.com
Centuria Industrial REIT: Industrial property boom has three years to run CIP locks in higher rents
Centuria Industrial expects to rack up rental increases as 41 per cent of its leases expire over the next 3½ years.
Source: afr.com