The $390 million sale of Cairns Central brings to a close a protracted effort by Lendlease to raise capital to meet redemption requests in its flagship shopping centre fund.
Investors agree to further redemptions delay at $2 1 bln Lendlease Australian property fund-source reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
Five years after they first requested money from a A$4.2 billion commercial property fund run by developer Lendlease, investors have agreed to further delay the payment deadline to next year, a.
SYDNEY : Five years after they first requested money from a AUS$4.2 billion (US$2.73 billion) commercial property fund run by developer Lendlease, investors have agreed to further delay the payment deadline to next year, a source said on Monday, as a glum real estate market slows sales.The Lendlease Austr
Five years after they first
requested money from a A$4.2 billion commercial
property fund run by developer Lendlease, investors
have agreed to further delay the payment deadline to next year,
a.