Investor's rein in Lendlease's global expansion afr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from afr.com Daily Mail and Mail on Sunday newspapers.
After many false starts, the once-venerable property group’s latest chief faces an uphill task convincing investors he can turn around the troubled business.
But we also have a housing construction crisis: planning freezes; rising materials prices; builder bankruptcies; subbies raising prices to recoup lost income; increasingly difficult building regulations. Costs are up to 50%, starts have dropped by 50%.