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Posted by
Two Blokes May 19 -
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Stock
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Lendlease has announced a significant strategic move, entering a 50/50 joint venture with the UK's Crown Estate to offload six of its UK development projects in a partnership set to unlock more than $300 million in capital. The deal also reduces Lendlease's future funding commitments to about $125 million, aligning the company's broader strategy to streamline operations and focus on its Australian core business.