Hong Kong-based Link REIT has made a play to acquire three of five Lendlease shopping centre assets that comprise a $2.9 billion property fund that are being sold down amid a slew of redemption requests.
Lendlease has announced it will sell down the assets in an unlisted retail property fund the real estate giant has fought to maintain control over in order to meet redemption requests.
Hong Kong’s Link REIT has reportedly made an offer for a half interest in several shopping centres in Lendlease’s retail property fund.
Hostplus has called out Lendlease for encouraging investors to skip a meeting convened by the super fund heavyweight in its bid to boot the real estate manager from the $2 billion APPF Industrial fund.
Global pharmaceutical company Novartis has become the latest tenant at Lendlease’s Victoria Cross Tower in North Sydney. Novartis ANZ will set up shop across one floor of the building, occupying 1,700 square metres in the mid-rise of the building, Lendlease said Thursday. The skyscraper is more than 30 per cent leased, with 70 percent of…
The federal government has given Lendlease the final green light for a three-tower residential development on land adjacent to the Queen Victoria Market after almost a decade of planning.
Construction giant Lendlease has retained its rights to the ‘Civil & Civic’ name despite the brand falling into disuse, with IP Australia accepting the company retained a reputation in the valuable legacy trade mark.
Lendlease has defeated a challenge to its ‘Civil & Civic’ trade mark despite lack of use, successfully arguing it retained a residual reputation in the name under which it built the Sydney Opera House podium.
Two Japanese real estate giants will partner with Lendlease on its plan to develop a $2.5 billion luxury apartment complex overlooking Sydney’s Hyde Park.
Lendlease has announced its plan for a luxury apartment complex in Sydney, expected to reach an end value of $2.5 billion, after securing land overlooking Hyde Park.