Lendlease sells its life sciences.

Lendlease has agreed to sell its life sciences interests in Asia for $147 million to a newly established 50/50 joint venture with Warburg Pincus, creating a specialist real estate platform focussed on the growing life sciences sector in Asia Pacific. The deal will see Lendlease transfer its current life sciences construction and development capabilities in Asia, together with its life sciences investments to the new JV entity. Lendlease says it maintains its FY24 guidance of 7 % return on equity.
#Lendlease #WarburgPincus #LifeSciences #RealEstate #AsiaPacific #JointVenture #Investment #SpecialistPlatform #Construction #Development #FY24Guidance #ReturnOnEquity #BusinessDeal #RealEstateInvestment #AsiaBusiness #LifeSciencesSector #StrategicPartnership #FinancialGrowth #MarketExpansion #InnovationInRealEstate
World News with in-depth analysis - trusted & transparent! Kalkine Media is on a mission to empower its viewers with quality news coverage from across the globe. Tune into Kalkine Media’s LIVE market news coverage, exclusive corporate interviews, expert talks, and trending stories of the day.
Check out Kalkine Media on mobile and download our app for iPhone and Android. Stay Apprised, Invest Wise!
For Android- bit.ly/3Gqlrpk
For Apple- bit.ly/3WVTMBY
Check out our media Website 👉 kalkinemedia.com/au
Follow us and stay updated on the Go with the Market Charter 👇👇
Facebook - / kalkineau
Twitter - / kalkineau
LinkedIn - / 4829818