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Lend Lease Group (ASX:LLC) has launched a new wholesale shopping centre fund. The construction company says the new investment vehicle was created after Lend Lease received $185 million in commitments from a small group of institutional investors.
Lend Lease will have about a 3 per cent co-investment in the fund that will seek to invest in quality sub-regional retail centres.
CEO and Managing Director Steve McCann says the company continues to attract institutional equity partners to invest alongside it in its quality deal flow and pipeline.
Lend Lease Group reported a net profit of $219.4 million in the first half of its 2012 financial year.
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Last
$5.45 |
Change
0.010(0.18%) |
Mkt cap ! $3.761B | |||
| Open | High | Low | Value | Volume |
| $5.46 | $5.54 | $5.43 | $8.083M | 1.477M |
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| No. | Vol. | Price($) |
|---|---|---|
| 6 | 5764 | $5.42 |
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| Price($) | Vol. | No. |
|---|---|---|
| $5.45 | 8308 | 1 |
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| Last trade - 16.10pm 12/09/2025 (20 minute delay) ? |
| LLC (ASX) Chart |