Lendlease’s $1.3B sale of residential portfolio to Stockland raises red flags: ACCC

Construction 2024-07-04 1:01 pm By Cat Fredenburgh

Lendlease’s plan to sell a portfolio of residential community projects to Stockland for $1.3 billion has raised concerns for the ACCC, which worries the transaction may substantially lessen competition in the supply of residential masterplanned community housing lots in four regions.