Lendlease to Exit Global Ambitions: What Prompts the Property Giant's Pivot?
Lendlease has announced plans to exit all international property development and sell its overseas construction divisions on Monday, marking the largest shake-up at one of Australia's largest real estate groups since the sale of MLC to the NAB over two decades ago.
AU Evening Wrap: Australia Shares Rise 0.8% Amid Bank, Gold Gains
Australia shares rise 0.8% amid strong gains by banks, gold miners and consumer-focused companies. Ten of eleven sectors finished higher as the benchmark index bounced from Friday's 1.1% drop, following a mostly positive lead by U.S. equities.
AU Morning Wrap: ASX Rises on Rate Fears Ease; Lendlease Rallies on $4.5b Restructure Announcement
ASX rises on rate fears ease; Lendlease rallies on $4.5b restructure announcement. Stocks to watch: Lendlease, Megaport, Ingenia Communities.
AU Evening Wrap: Australia Shares Rise 1.65% in Largest Gain Since December
Australia shares rise 1.65% in largest gain since December, as a jump in unemployment eased worries that the country's central bank might resume raising interest rates.
Unlocking the Potential of Australian REITs: A Comprehensive Investment Guide
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AU Evening Wrap: Australian Shares Edge Up; Perpetual Drags After Deal Announcement
Australia's ASX 200 closed up 0.1% at 7804.5, with broad-based gains led by industrial and technology stocks.