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Updated thoughts on Lend Lease

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Question asked 14/05/2021

Updated thoughts on Lend Lease

Hi James, please update your thoughts on Lend Lease – held for a while, not done a lot. Brian

Answer

Hi Brian,

LLC has indeed been a frustrating holding for MM, it’s looked poised to rally back towards its pre-COVID levels on a few occasions only to retreat back towards $12. We still believe this global property and infrastructure business is perfectly positioned in today’s “stimulus” focused world and especially since they sold their struggling engineering business however again it needs to kick some operational goals for the markets confidence to return.

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Lendlease Corp (LLC)

LAST UPDATED 14/05/2021 15:04

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