Australia Market

Lendlease scores Canadian support for $650m Boston project

Sumary of Lendlease scores Canadian support for $650m Boston project:

  • Jefferies analyst Sholto Maconochie said Mr McCann leaves Lendlease in a strong position, setting it up as global leader in “placemaking and large scale urbanisation development projects”..
  • “We see Mr Lombardo as a safe pair of hands and known quantity who will execute Lendlease improved and revised strategy focusing on the development and delivery of large-scale, mixed-use urbanisation projects and growing the investments platform,”..
  • Nathalie Palladitcheff, president and chief executive at Ivanhoe Cambridge said investing alongside Lendlease, “who has a breadth of experience in constructing life science and research facilities, will allow both partners to grow their exposure in this sector.”……

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