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Highlights 2006
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2006Lend Lease Investment Management completes the first close of the Asian Retail Investment Fund in Singapore having raised S$375 million (approximately A$310 million) in initial equity commitments to invest primarily in the Singapore retail market.
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Sale of Lend Lease's interest in GLL Real Estate Partners GmbH in Europe.
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Lend Lease Investment Management raises A$120 million in institutional equity to launch Lend Lease Communities Fund 1, Australia's first wholesale communities fund.
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Lend Lease Investment Management launches Lend Lease Core Plus Fund in Australia raising A$205 million in equity subscriptions from institutional investors.
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Lend Lease acquires a 75% interest in the 14,000 square metre The Meadows Shopping Centre in Chelmsford, Essex, England for £60 million (approximately A$140 million). The Centre is located in a major growth region 56 kilometres north-east of central London.