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Landlease braces up-to $340m loss
Read in TheUrbanDeveloper: Sydney-headquartered construction & development company says its full year loss to be in the range of $230m-$340m. Company sites COVID-19 as the main reason.
Landlease is involved in Melbourne Metro Tunnel and NorthConnex projects. Company's engineering arm is in the process of being sold to Spanish company Acciona for $180m.
https://theurbandeveloper.com/articles/lendlease-braces-for-340m-loss
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https://theurbandeveloper.com/articles/lendlease-braces-for-340m-loss
Lendlease Braces for $340m Loss
theurbandeveloper.comConstruction and development giant Lendlease is preparing for a full-year statutory loss in the range of $230 to $340 million.