News: Lend Lease sells stake in UK JV

  1. lightbulb Created with Sketch. 1
    .

    Lend Lease Group (ASX:LLC) has agreed to sell its interest in the Greenwich Peninsula development in London to joint-venture partner Quintain Estates and Developments.



    The developer will receive about $156.45 million in cash from the sale, giving it a profit of about $38.8 million.



    The agreement is pending approval from shareholders.



    Lend Lease Group reported a net profit of $219.4 million in the first half of its 2012 financial year.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
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
View Market Depth
Last trade - 16.10pm 11/09/2025 (20 minute delay) ?
LLC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.