Infrastructure Victoria’s 30-year blueprint says population growth and working-from-home arrangements are set to drive more people away from Melbourne.
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A big-name company all but forgotten among investors is now “one of the most compelling opportunities on the ASX today”.
That’s according to Firetrail Investments portfolio manager Blake Henricks, who reckons that
“Lendlease is a global leader in property development and investment management,” he wrote in a memo to clients.
“Their expertise and reputation in property development has seen the development pipeline grow to over $110 billion today.”
LendLease is a name familiar to Australians on construction sites, but it also has two other arms property development and investment management.
Why are LendLease shares cheap right now?
Our sustainable future began 60,000 years ago: finally, we’re catching up
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By Ray Edgar
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Credit:Joseph Mayers
We are on the threshold of a New Australian Design, according to Indigenous designer Alison Page. Writing in a new book,
Design: Building on Country, Page points to “a new awakening fuelled by ecological necessity to redesign our future”. Indigenous culture not only offers the solution but a rich potential for partnership, collaboration and co-design, writes Page, who is perhaps best known for her time on the ABC’s
Lendlease issues earnings downgrade as COVID-19 bites
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Global development giant Lendlease has issued a sharp downgrade of its operating earnings guidance to between $375 million and $410 million, in the first big move to clear the decks by newly appointed chief executive Tony Lombardo.
Driving the downgrade is the ongoing impact of the COVID-19 pandemic on Lendleaseâs operating business, particularly in the UK, as well as the status of its non-core business, the company said.
Incoming chief executive Tony Lombardo has embarked on a wide-ranging review of operations. Â Arsineh Houspian
While Lendlease does not typically issue earnings, market consensus was for an operating profit of around $460 million.
CareMax Supplies Phantom Altitude Training Masks and IPL Hair Removal Machines Worldwide CareMax provides Phantom altitude training masks with breathing benefits to people. They also offer IPL hair removal machines that provide lasting results.
BriefingWire.com, 5/19/2021 - CareMax was set up in 2011. The company aims to improve Australians health and wellness by providing products such as TENS machines, Lescolton HPL, Phantom altitude training masks, magic wand handheld massagers, muscle strengthening devices, and more. CareMaxâs products are also safe to use and inexpensive. Over the past 10 years, they have successfully supplied more than 5,000 TENS machines to customers, which yielded numerous positive reviews for the company. In addition, at CareMax, all their products are trusted and authentic, as they were carefully hand-picked through systematic investigation and testing.