Australia's Lendlease jumps after naming Nick O’Neil as CEO

Lendlease

11/06/2026 04:05

** Shares of Lendlease LLC.AX rise as much as 6.9% to A$2.8, their biggest intraday pct gain since August 18
** Real estate co names Nick O’Neil, currently Head of Australian Real Assets at pension fund AustralianSuper, as the new CEO
** Shares hit highest since May 29
** Separately, co maintains FY26 earnings per security guidance for IDC business 
** YTD, shares down 48.9%

 (Reporting by Nichiket Sunil in Bengaluru)
 ((Nichiket.Sunil@thomsonreuters.com))