.
Lend Lease Group (ASX:LLC) is weighing up a potential entry into the Asian retirement sector.
The construction and property giant told analysts it was also comfortable with net profit consensus for the current financial year of $541 million.
Media reports say analysts were told the company sees retirement as an important opportunity as well as expansion in to Asia.
The countries mentioned were China, Malaysia and Japan, according to reports.
The company also reported a 20 per cent lift in sales volumes and a hike in prices for its residential communities business during the September quarter from the previous three months.
Lend Lease generated a net profit of $552.5 million in fiscal 2013.
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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 | $5.763M | 1.053M |
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| No. | Vol. | Price($) |
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| 1 | 17998 | $5.44 |
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| Price($) | Vol. | No. |
|---|---|---|
| $5.45 | 4414 | 1 |
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| LLC (ASX) Chart |