Has Lend Lease Been Sold?

Property group Lendlease has finally sold its troubled engineering business to Acciona of Spain for $160 million. That's $20 million less than the price announced last December.

Who bought out Lendlease?

ACCIONA completes the acquisition of Lendlease Engineering's ongoing business. ACCIONA has completed the acquisition of the main part of the ongoing business in Australia of Lendlease Engineering, a subsidiary of Lendlease, announced by the end of 2019.

Is Lendlease Being Sold?

Lendlease has completed the sell down of its two troubled divisions, announcing it has sold its services arm to the listed engineering firm Service Stream for $310 million.