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Lend Lease Group (ASX:LLC) has been awarded a design and construction contract worth about $208 million to redevelop a shopping centre in Perth.
The Lakeside Joondalup centre will be transformed to a major regional shopping precinct that will include a new two level Myer department store.
Lend Lease says the contract will expand its project management and construction business in the region. Construction is expected to commence this month with completion forecast in late 2014.
Lend Lease posted a net profit of $503 million in the 2012 financial year.
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Last
$5.44 |
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-0.010(0.18%) |
Mkt cap ! $3.754B | |||
| Open | High | Low | Value | Volume |
| $5.45 | $5.47 | $5.44 | $5.763M | 1.053M |
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| 1 | 17998 | $5.44 |
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| LLC (ASX) Chart |