Australia-listed property developer Lendlease Group is injecting a shopping mall in Orchard Road into its upcoming global commercial real estate investment trust (Reit) listing worth at least S$1 billion in market capitalisation. The Business Times understands the initial public offering (IPO) portfolio will comprise one property each in Singapore and Milan, Italy with a total net lettable area of 1.3...
Lendlease
Lendlease is planning its own flexible workplace brand within its upcoming Paya Lebar Quarter mixed-use development, according to The Business Times. That would make the Australian firm the latest among developers to run their own co-working platforms here amid an increasingly crowded landscape. "To cater to the demand for high quality flexible workspace from corporate occupiers, we are exploring a...
All 391 apartments offered by LendLease Group at a project in Sydney were snapped up in just four hours on Saturday, indicating demand for inner-city homes remains buoyant despite looming oversupply. More than 400 potential buyers turned up from 8 am in Darling Square, a development on the western edge of Sydney's central business district, for the apartments that were priced from A$630,000 (S$624,000)...
The consortium comprising Lendlease and Abu Dhabi Investment Authority (ADIA) that last year bagged a plum site in Paya Lebar Central, has obtained provisional permission from Singapore's planning authority to build a project that will comprise offices, retail space as well as 429 apartments. Going by market talk, the apartments are expected to be launched for sale probably next...