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Lendlease Advances Simplification with $751M Capella and Military Housing Sales
8:56am on Friday 31st of January, 2025 AEDT
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Construction
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Lendlease Advances Simplification with $751M Capella and Military Housing Sales
8:56am on Friday 31st of January, 2025 AEDT
Key Points
Capella Capital sale to Sojitz Corporation for $235 million
Completion of US Military Housing sale for $516 million
Transactions contribute approximately $70 million to FY25 Operating Profit after Tax
Total capital recycling initiatives announced now at $2.2 billion
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