lend lease

Lend Lease fined $US56m over Sep11 overbilling

LEND Lease has agreed to pay up to $US56 million in penalties as a settlement to a decade-long fraud investigation into the company overcharging customers and ignoring minority hiring mandates at the September 11 site. ... Full story

PAC rejects Lend Lease's $3bn project

LEND Lease's $3 billion Calderwood has suffered a setback after the NSW Planning Assessment Commission rejected the application for Stage one of the new master planned community. ... Full story

Lend Lease reaches financial close on US PAL program

LEND Lease has reached financial close on Group B of the US Department of the Army’s Privatisation of Army Lodging program and secured $US275 million (circa $A265 million) in project debt. ... Full story

Lend Lease wins university contract

THE University of Technology Sydney has awarded Lend Lease the $187 million contract to construct the Broadway Building at the Ultimo campus. ... Full story

Lend Lease sets new benchmark

LEND Lease's new Commonwealth Bank Place development in Sydney's $500 million Darling Quarter precinct has received Australia's first 6 Star Green Star - Office As Built v3 rating, awarded by the Green Building Council of Australia. ... Full story

Lend Lease selected for Kwinana estate

WESTERN Australia's LandCorp has selected Lend Lease as its partner to develop a housing precinct at Kwinana. ... Full story

Lend Lease cautious as profit flat line

LEND Lease is cautious about the medium term outlook after recording a marginal operating profit after tax growth of 0.3% to $220.8 million for the first half year of 2012.The group's statutory profit after tax fell 3.8% to $217.8 million. ... Full story

Council rejects Lend Lease 14 apartments project

THE Stonnington City Council has rejected Lend Lease's proposal to build 14 apartment towers in Melbourne's leafy inner eastern suburbs. ... Full story

Lend Lease appoints new CFO

LEND Lease has appointed Tony Lombardo as its new chief financial officer following the departure of Brad Soller. ... Full story

Lend Lease sells stake in UK shop

LEND Lease has sold its 75% interest in the Chelmsford Meadows Unit Trust, which retail and commercial properties located east of London, for £42 million ($A65 million). ... Full story

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