Lendlease Group

Description

Lendlease Group operates as a property and infrastructure development company. It engages in designing, developing, constructing, funding, owning, co-investing or managing property, and infrastructure assets. The firm operates through the following segments: Investments, Development, Construction, and Capital Release Unit. The Investments segment includes an investment management platform and the group's ownership interests in residential, office, retail, industrial, retirement and infrastructure investment assets. The Development segment includes the development of inner-city mixed-use developments, apartments, communities, retirement, retail, commercial assets and social and economic infrastructure. The Construction segment includes the provision of project management, design and construction services, predominantly in the commercial, residential, mixed use, defense, and social infrastructure sectors. The Capital Release Unit segment includes overseas construction operations, overseas development projects, the group’s residual ownership interest in retirement assets and the US Military Housing business, Australian communities projects and the retained engineering and services projects. The company was founded by Gerardus Jozef Dusseldorp in 1957 and is headquartered in Barangaroo, Australia.