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Lendlease announces sale of largest private holding of US military housing

01/07/2024

Lendlease announced on Monday the sale of the largest private holding of US military housing for $480 million.

The construction and property company owned around 40,000 military units across 24 American states, most of which it designed and built.

lendlease announces sale of largest private holding of us military housing

Lendlease announces sale of largest private holding of US military housing

Lendlease said the price is a significant premium to book value and will boost this half’s operating profit.

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