Lendlease at near 1-month high on securing Hunter Street development contract

Lendlease

23/12/2025 23:46

** Shares of Australia's Lendlease LLC.AX rise as much as 5.7% to A$5.35, their highest level since November 26

** Marks steepest intraday rise since August 18; best performer on S&P/ASX 200 index

** Integrated real estate business secures Hunter Street development and station construction contract

** Anticipates gross end value of about A$2.2 billion ($1.47 billion) for the West Tower and about A$1.5 billion contract for construction of the station

** Stock is down 14.2% YTD, including the session's moves

($1 = 1.4925 Australian dollars)

 (Reporting by Anjali Singh in Bengaluru)

 ((anjali.singh2@thomsonreuters.com;))