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What smart money is saying about LendleaseAustralia flag

LLC.AX · Real Estate · Real Estate - Diversified · Market cap $2.34B

1 fund in our archive has pitched Lendlease — most recently Third Avenue International Real Estate Value Fund in June 2025.

Company profile

Lendlease Group operates as an integrated real estate and investment company in Australia, Asia, Europe, and the Americas. It operates through Development, Construction, and Investments segments. The Development segment develops inner-city mixed-use developments, apartments, communities, retirement, retail, commercial assets, and social and economic infrastructure. The Construction segment provides project management, design, and construction services primarily in the commercial, residential, mixed use, defense, and social infrastructure sectors. The Investments segment owns and/or manages investments, including property and infrastructure co-investments, retirement livings, and the U.S. military housings. Lendlease Group was founded in 1958 and is headquartered in Barangaroo, Australia.

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Letters

Also mentioned · 1

These funds discuss Lendlease — as a competitor, benchmark or comparable — without disclosing a position in it.

  • MentionedEast72 Dynasty Trust
    June 2026
    Lend Lease (LLC.AX) developed the resort but in 1987 sold the asset to EVT for $18million.
    Read the letterLendlease

Fund coverage · 1 thesis

  • Third Avenue International Real Estate Value Fund
    June 2025

    Lendlease is undergoing a significant simplification strategy to focus on its core Australian real estate development and management business, with the potential for its shares to reflect a net asset value of A$10, compared to current levels around A$5.

    Read the full thesis

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