How Will Lendlease’s $300M UK JV with Crown Estate Transform Its Development Pipeline?

• Formation of 50/50 joint venture with The Crown Estate for UK development projects
• Unlocking more than $300 million in capital recycling and reducing future funding needs by $125 million
• Portfolio includes land with planning consents across London, Birmingham, and other UK locations
• Lendlease appointed development manager with option to co-invest up to 10% in vertical developments