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Why Did Lendlease Swing to a $318m Loss? Inside the $3b Capital Recycling Plan
8:44am on Monday 23rd of February, 2026 AEDT
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Real Estate
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Why Did Lendlease Swing to a $318m Loss? Inside the $3b Capital Recycling Plan
8:44am on Monday 23rd of February, 2026 AEDT
Key Points
Statutory loss after tax of $318 million, down from $48 million profit
Revenue declined 37% to $2.839 billion amid lower transaction activity
Capital Release Unit segment hit by $180 million in write downs and provisions
Interim distribution of 6.2 cents per security declared, no interim dividend
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LENDLEASE (ASX:LLC)
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