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Showing 171 - 180 of 193 results for "Lend Lease"

CommSec launches company stress test for investors

AAP  |  FRIDAY, 5 DEC 2003
... at over six per cent on the FSI, well above Origin Energy Ltd, which is also rated BBB+ but has a stable outlook and Lend Lease Corp Ltd, which is rated BBB and stable. However, most Australian companies are not doing too bad, with many below one per ...

Lend Lease at ease with market forecasts on 2004 profit

Construction and real estate group Lend Lease Corporation Ltd said today it was comfortable with market consensus forecasts of $230 million in post-tax operating profit for 2004. Lend Lease managing director and chief executive officer Greg Clarke told ...

Afternoon market wrap: Australian stocks close lower

WITH AAP  |  TUESDAY, 11 NOV 2003
... the current half year. Among other blue chips on the slide today was Telstra, which dropped one cent to $4.74, while Lend Lease fell 19 cents to $10.96 and Wesfarmers dropped 19 cents to $27.80. Macquarie Airports also dropped eight cents to $1.81 after ...

Morgan Stanley drops fees in battle for LUO

AAP  |  WEDNESDAY, 15 OCT 2003
The battle for Lend Lease US Office (LUO) Trust continued today with proposed manager Morgan Stanley reducing its management fees in a bid to fend of a bid by Principal Real Estate Investors. The United States-based funds manager said upon appointment ...

No changes to LUO investment strategy: Principal

AAP  |  FRIDAY, 10 OCT 2003
... moved to dispel any misconceptions that it planned to add high risk suburban United States office buildings to the Lend Lease US Office Trust (LUO) portfolio if it becomes manager. Principal is a key player in the current tussle over the management of ...

Conroy slams high-flying corporate hogs

WITH AAP  |  WEDNESDAY, 8 OCT 2003
... that the group's profits plunged by $204 million," Senator Conroy said. The senator also pointed the finger at former Lend Lease CEO David Higgins, who was paid around $8 million on his departure, including a $1.61 million payment for promising not to ...

Colonial supports PREIA managment of Lend Lease

AAP  |  MONDAY, 6 OCT 2003
... reiterated its support for Principal Real Estate Investors (Australia) Ltd (PREIA) to take over the management rights of Lend Lease US Office Trust (LLUSOT). Giant property developer Lend Lease is currently overseeing the transfer of LLUSOT to management ...

$1 billion joint venture fro Lend Lease and GPT

AAP  |  FRIDAY, 3 OCT 2003
A joint venture between property companies Lend Lease and General Property Trust has snared a contract to build a $1 billion regional centre at Rouse Hill in Sydney's north-west. The project was announced today by the NSW Minister Assisting the Minister ...

S&P lowers Lend Lease rating to BBB

AAP  |  FRIDAY, 26 SEP 2003
... International ratings agency Standard & Poor's said today that it lowered the long-term corporate credit rating on Lend Lease Corp Ltd to BBB from A-minus. S&P also removed the rating from creditwatch with negative implications, where it was placed on ...

Colonial First calls for Lend Lease meeting to vote on PREIA

WITH AAP  |  THURSDAY, 18 SEP 2003
Colonial First State Investments Ltd has requisitioned a meeting of Lend Lease US Office Trust unitholders to vote on its proposal that Principal Real Estate Investors (Australia) Ltd (PREIA) become responsible entity of the trust. The Colonial/PREIA ...