Investors downgraded the stock at a time when the global property giant is coming under pressure from other major shareholders to restructure the business.
Build-to-rent developers and industry policymakers are applying the blow torch on all layers of government to get legislative reform for the burgeoning sector.
Nearly two years after the actor abruptly dropped a defamation case against this masthead over allegations of sexual harassment,he has paid $1.2 million in legal costs.
Unless Tony Lombardo,CEO of ASX heavyweight Lendlease,can appease objectors,he,the board,and the business face major upheaval,and time is running out.
The finding is contained in the Australian National Audit Office’s review of the handling of contracts for the project,prompting Veteran Affairs Minister Matt Keogh to demand answers about the $500 million project.
Lendlease,the company that built Barangaroo in Sydney and the Melbourne Quarter,“is a plaything”,says activist shareholder John Wylie.
Nino Sydney was called ‘the hero of Australian suburbia’ because he designed homes for everyone – and his work could inspire better ways of living today.
Veteran writer and journalist Gideon Haigh,who parted ways with The Australian last month,gave a scathing description of his separation with the paper.
The building industry has told the government it will need 480,000 new workers over the next three years,including Australian apprentices and skilled foreign workers.
Large businesses would need a report with audit-ready data to show what their emissions are,which will be transformational for commercial property.
Leading property executives are confident they have the right strategies in place to tackle what they collectively forecast will be another challenging year for office,retail and industrial properties.