Lend Lease Corporation (ASX:LLC) is an international group involved in project design, construction and maintenance, property development and property funds management. LLC operates in over 40 countries, with a significant presence in Australia, Asia, Europe, and the USA. Lend Lease is listed on the Australian Stock Exchange and is a member of the ASX 200. LLC today announced the sale of its 75% interest in the Chelmsford Meadow Unit Trust for approximately A$65 million. The sale of the asset to was to Legal & General property. CEO & Managing Director Steve McCann, said that the proceeds will be used to develop more significant projects that are currently in the pipeline. Click to Receive FREE Trading Recommendations!December 7, 2011
Financials Shares News: Lend Lease Corporation (LLC)
Lend Lease Corporation (ASX:LLC) is an international group involved in project design, construction and maintenance, property development and property funds management. LLC operates in over 40 countries, with a significant presence in Australia, Asia, Europe, and the USA. Lend Lease is listed on the Australian Stock Exchange and is a member of the ASX 200. LLC today announced the sale of its 75% interest in the Chelmsford Meadow Unit Trust for approximately A$65 million. The sale of the asset to was to Legal & General property. CEO & Managing Director Steve McCann, said that the proceeds will be used to develop more significant projects that are currently in the pipeline. Click to Receive FREE Trading Recommendations!
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