Browsing Tag
Lendlease Group
2 posts
Lendlease (ASX: LLC) shares sink nearly 10% as A$3.7bn debt overshadows a fivefold construction EBITDA jump
Lendlease's construction EBITDA surged fivefold, but a A$749m loss, A$3.7bn debt and unfinished asset sales sent ASX: LLC sharply lower.
Higher yields are punishing ASX real estate stocks as the RBA tightening cycle accelerates
Australian real estate stocks fell sharply as the 10-year bond yield hit 4.9% and the RBA lifted the cash rate to 4.1%. Read what it means for A-REITs.