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Lend Lease Group (ASX:LLC) is set to receive $65 million from the sale of its 75 per cent stake in the Chelmsford Meadows Unit Trust.
The property developer has sold the unit, which owns retail and commercial properties, to Legal & General Property.
CEO and Managing Director Steve McCann says Lend Lease will use the sale proceeds to reinvest in development.
Lend Lease reported a net profit of $493 million in the 2011 financial year.
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Last
$5.44 |
Change
-0.010(0.18%) |
Mkt cap ! $3.754B | |||
| Open | High | Low | Value | Volume |
| $5.45 | $5.47 | $5.44 | $5.763M | 1.053M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 17998 | $5.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.45 | 4414 | 1 |
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| Last trade - 16.10pm 11/09/2025 (20 minute delay) ? |
| LLC (ASX) Chart |