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1.Market Observations, 8.Was Sticky

24 Feb 2015 (TheAge) – Love of high life has apartments looking good for Lend Lease – beats expectations with $315.6 million profit

(24 Feb 2015, The Age, BusinessDay, p19,

)

‘Large high-density housing projects throughout the world will provide building giant Lend Lease with a larger proportion of its earnings in the near future. Developments such as the $6 billion Barangaroo South in Sydney, the $4.5 billion Victoria Harbour in Melbourne, Elephant & Castle in London and the TRX Lifestyle Quarter in Malaysia, will be the engines of growth at Lend Lease.’

Read more at TheAge.com.au

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