GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Lendlease Group (STU:LLC) » Definitions » FFO

Lendlease Group (STU:LLC) FFO


View and export this data going back to 2015. Start your Free Trial

What is Lendlease Group FFO?

FFO (Funds from operations) only applies to REITs.


Lendlease Group Business Description

Traded in Other Exchanges
Address
300 Barangaroo Avenue, Level 14, Tower Three, International Towers Sydney, Exchange Place, Barangaroo, Sydney, NSW, AUS, 2000
Lendlease has three segments: investments, development, and construction. Lendlease operates locally and overseas across all three segments. However, in the future, its development and construction businesses will be solely in Australia, while the investment management platform will maintain exposure to international real estate assets. Historically, the investments segment contributed about one-third of group EBITDA, development around half, and construction the remaining. The group is targeting an earnings mix between investments/development/construction of 50%/35%/15% post the current restructure, shifting more weights to the defensive and higher margin investments segment. Sales proceeds from asset divestments will primarily be used to repay debt and buy back securities.