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Lendlease Completes Capella Capital Sale to Streamline Operations

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Lendlease Completes Capella Capital Sale to Streamline Operations

Confident Investing Starts Here:

An update from Lendlease Group ( (AU:LLC) ) is now available.

Lendlease has completed the sale of Capella Capital to Sojitz Corporation, marking a significant step in its capital recycling initiatives. This divestment aligns with Lendlease’s strategy to simplify its operations, reduce future funding commitments, and concentrate on its core Australian operations and international investments platform, ultimately aiming to enhance profitability.

The most recent analyst rating on (AU:LLC) stock is a Hold with a A$5.79 price target. To see the full list of analyst forecasts on Lendlease Group stock, see the AU:LLC Stock Forecast page.

More about Lendlease Group

Lendlease Group is a leading international property and infrastructure company, primarily engaged in the development, construction, and management of residential, commercial, and infrastructure projects. The company focuses on creating sustainable urban precincts and is known for its innovative approach to property solutions, with a significant presence in Australia and international markets.

Average Trading Volume: 2,181,462

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$3.8B

For a thorough assessment of LLC stock, go to TipRanks’ Stock Analysis page.

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