At a glance

2013

JUNE

Sale of 25 per cent equity interest in Jem^® to Lend Lease Jem Partners Fund for approximately $189 million (circa S$227 million).

Announced transition from our four separate construction operations of Abigroup, Baulderstone, Project Management & Construction and Infrastructure Services into three sector based businesses focused on building, engineering and construction services. This became effective on 1 August 2013.

MAY

Financial close reached on Group C, the third phase of the US Department of the Army’s Privatization of Army Lodging program, total construction value of circa $352 million (US$367 million).

Awarded the Green Advocate of the Year Award, and Universal Design Mark Award for Jem^®, the mixed-use development in Jurong Gateway, Singapore.

The $500 million Darling Quarter and Commonwealth Bank Place precinct in Sydney received five awards at the 2013 Property Council of Australia (PCA)/Rider Levett Bucknall (RLB) Innovation and Excellence Awards including the property industry’s coveted ‘Gold Logie’ for the PCA/RLB Australian Development of the Year. The new Royal Children’s Hospital in Victoria also received the best public building of 2013.

Appointed principal contractor to refurbish Stage 6 of BBC Television Centre, at the White City site in West London, United  Kingdom.

Financial close reached with the Victorian State Government to enter into a $630 million Public Private Partnership to design, construct, maintain and finance the New Bendigo Hospital in Victoria, Australia.

APRIL

Preferred bidder to deliver the New Bendigo Hospital in Victoria, Australia. Lend Lease is part of the Exemplar Health consortium which also includes Capella Capital, Siemens and Spotless, working with the Victorian State Government in a $630 million Public Private Partnership to design, construct, maintain and finance the project.

FEBRUARY

Signed the project development agreement with the Metropolitan Redevelopment Authority for the $1 billion Waterbank urban regeneration project in Perth, Australia. The formal signing of this agreement followed Lend Lease’s selection in November 2011 as the preferred developer.

Sale of the Aged Care business for $271.7 million to Australian Aged Care Partners.

JANUARY

Secured a circa $264 million (£170 million) construction contract with Land Securities for two new buildings, The Zig Zag Building and Kings Gate on the site of the former Kingsgate House, in central London.

Announced appointment of Ms Karen Pedersen as the new Group General Counsel.

Granted planning permission by Southwark Council for the master plan for Elephant & Castle in Central London. The approval of the master plan was a significant milestone in the delivery of the circa $2.5 billion (£1.5 billion) regeneration of Elephant & Castle. 

Completed work on the Peninsula Link freeway project, a 27 kilometre dual carriage motorway between the EastLink toll road in Melbourne’s east and the Mornington Peninsula Freeway at Mt Martha in Victoria, Australia.

2012

DECEMBER

Selected as preferred proponent by the New South Wales Government to deliver the Darling Harbour Live, as part of the Destination Sydney Darling Harbour Live consortium consisting of Lend Lease, HOSTPLUS, Capella Capital, AEG Ogden and Spotless. 

Selected as the preferred tenderer by the Roads and Maritime Services to design and construct the Pacific Highway Nambucca to Urunga Upgrade, a 20 kilometre dual carriageway, including bridges, on the Pacific Highway between Nambucca Heads and Urunga in New South Wales, Australia.

NOVEMBER

Announced appointment of Ms Kylie Rampa as Managing Director for Lend Lease’s Investment Management business in Australia.

Awarded circa $211 million design and construction contract for the redevelopment of Lakeside Joondalup Shopping City in Perth, Western Australia; jointly owned by the Lend Lease managed Australian Prime Property Fund Retail, and an institutional investment partner.

Awarded circa $193 million contract by Cbus Property to build Melbourne’s new City West Police Complex in Victoria, Australia. 

Jem^® development project in Singapore awarded Best Innovative Green Building Gold award at MIPIM Asia Awards 2012; highlighting outstanding developments in the Asia Pacific region for their innovative, technical, environmental and architectural qualities. 

OCTOBER

Selected as preferred bidder by Azienda ULSS 9 Treviso (Local Unit Socio Sanitaria company 9) to lead a consortium to design and build a circa $282 million (€ 200 million) hospital in Treviso, Italy, and provide facility management services over the 21 year concession period.

SEPTEMBER

Included in the 2012 Dow Jones World Sustainability Index recognising the Group’s leading position in sustainability. 

Celebrated the completion of Forté, the world’s tallest timber apartment building in Melbourne’s Victoria Harbour, Australia. 

Appointed to design and build the circa $116 million (£71 million) Specialist Emergency Care Hospital at Cramlington, Northumberland, by the Northumbria Healthcare NHS Foundation Trust. 

AUGUST

Entered exclusive agreement with Crown Limited for the development of a world class international hotel resort at Barangaroo South.

Announced appointment of Mr Simon Hipperson as Chief Executive Officer, Europe, Middle East and Africa.

JULY

Launched a new commercial wholesale open ended property trust, securing $2 billion of commitments for the funding and development of the first two commercial towers at Barangaroo South.

Selected as part of the successful Exemplar Health consortium by Queensland Health to deliver the $1.8 billion Sunshine Coast University Hospital, a new tertiary hospital to be built at Kawana in Queensland, Australia.