THE SPONSOR
The Sponsor, Lendlease Corporation Limited, is part of the Lendlease Group1, a market-leading Australian integrated real estate group with core capabilities reflected in its operating segments of Investments, Development and Construction.
Headquartered in Sydney and established in 1958, the Lendlease Group’s vision is to create the best places by striving for world leading standards for safety, innovation and sustainability.
The Lendlease Group pursues an integrated business model – where two or more of the operating segments of Development, Construction and Investments engage on the same project – to create major precincts, new communities and important civic and social infrastructure.
The Lendlease Group’s approach is to maintain a portfolio of operations that deliver diversification of earnings by segment and region, providing a mitigant to property cycles. This approach means that through cycles the composition of earning from each segment or region may vary.
The five focus areas – Health and Safety, Financial, Our Customers, Our People and Sustainability, in conjunction with a strong risk management and governance framework, drive the approach to business. The Lendlease Group also has a portfolio management framework that provides for a diversified earnings base by both geography and segment in order to maximise value, and the Core Values of Lendlease that underpin how the Lendlease Group does business, form an integral part of the risk
1 Lendlease Group comprises the Sponsor, Lendlease Trust and their subsidiaries.