GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Lendlease Group (OTCPK:LLESF) » Definitions » Net Interest Margin (Bank Only) %

LLESF (Lendlease Group) Net Interest Margin (Bank Only) %


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

What is Lendlease Group Net Interest Margin (Bank Only) %?

Net Interest Margin (Bank Only) % only applies to banks.


Lendlease Group Business Description

Industry
Traded in Other Exchanges
Address
300 Barangaroo Avenue, Level 14, Tower Three, International Towers Sydney, Exchange Place, Barangaroo, Sydney, NSW, AUS, 2000
Lendlease's business comprises three segments: development, investments, and construction, and going forward, the main focus will be Australia. The group sells stakes in mature projects to its funds management clients. This sacrifices development profit, in return for management fees, reduced risk, and capital to accelerate new projects in the pipeline. Construction generates large revenues but slim margins. This business is largely retained to preserve expertise and scale for the development business. Lendlease sold its engineering and services business during the pandemic, but retains some risks, notably the Melbourne Metro project. It is also exiting its retirement living and Australian communities businesses.