News Formal

Property investment: Lendlease- Warburg Pincus joint venture buys $1.8b of life sciences assets in Singapore

  • 📰 FinancialReview
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 90%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

As it goes through a messy turnaround, Lendlease needs to convince investors it is on the right track. This deal aims to do that.

have acquired a $S1.6 billion portfolio of life sciences and research facilities in a move that helps Lendlease show investors it is boosting investment in alternative assets.

Sold: The two-tower Solaris business park development at 1 Fusionopolis Walk in Singapore is one asset acquired in the $1.8 billion portfolio by the Lendlease-Warburg Pincus joint venture. “The platform is well-positioned to capture opportunities in the sector. We look forward to building momentum and further scaling the business, as well as driving performance for our investment partners.”Key part of strategyin which the company held a 15 per cent stake – is a key part of the strategy Lendlease boss Tony Lombardo reinforced last week.

But it needs investors to believe it is on the right track. The company’s earnings before interest, taxes, depreciation, and amortisation from investment in FY24 nearly halved from a year earlier to $174 million. Excluding the previous year’s gain from the sale of its military housing business, the decline was 9.8 per cent.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 2. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Lendlease’s calm after storm, plus Ampol, Westpac, Iress in Monday’s earnings season highlightsA few months is a long time for a CEO – just ask Lendlease, Suncorp or Ampol, businesses changing rapidly. Here is Chanticleer’s take on the day’s earnings calls.
ソース: FinancialReview - 🏆 2. / 90 続きを読む »

Top real estate website boss attributes huge gains to ‘incredibly strong’ property marketREA Group CEO Owen Wilson has hailed in a stunning stock market result and attributed the company's financial goldrush to the 'very healthy' Australian real estate landscape.
ソース: SkyNewsAust - 🏆 7. / 78 続きを読む »