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How Will Lendlease’s $400M TRX Sale Reshape Its FY26 Capital Strategy?
9:23am on Monday 22nd of December, 2025 AEDT
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Real Estate
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How Will Lendlease’s $400M TRX Sale Reshape Its FY26 Capital Strategy?
9:23am on Monday 22nd of December, 2025 AEDT
Key Points
Binding agreement for ~$400 million sale of TRX retail mall and office tower interests
Lendlease retains stakes in adjacent residential land and hotel with ongoing sale processes
FY26 capital recycling target set at $2 billion, with delays pushing cash inflows to 2H FY26
CRU segment expected to report a loss in 1H FY26 due to limited transaction activity
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