Member access

4-Traders Homepage  >  Shares  >  AUSTRALIAN SECURITIES EXCHANGE LIMITED  >  Lend Lease Group    LLC   AU000000LLC3

LEND LEASE GROUP (LLC)

7
End-of-day quote. End-of-day quote AUSTRALIAN SECURITIES EXCHANGE LIMITED - 03/02
17.48 AUD   +0.75%
02/26 LEND LEASE GROU : ex-dividend day for interim dividend
02/13 LEND LEASE : Wins £75m Hammersmith Office Job
02/13 LEND LEASE : Launches Symposium To Facilitate Local Benefits During ..
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Lend Lease Group : Lend Lease reaches financial close on US Army lodging privatisation program

04/16/2012 | 03:12am US/Eastern

Lend Lease today announced that it has reached financial close on Group B of the US Department of the Army's Privatisation of Army Lodging (PAL) program and secured US$275 million (circa A$265 million) in project debt.

Lend Lease is the developer for the PAL program, part of the US Army's initiative to privatise hotel facilities on Army installations nationwide.

Lend Lease Group Chief Executive Officer and Managing Director, Mr Steve McCann, said the collaboration with the US Army demonstrates Lend Lease's long-term commitment to privatised partnerships like PAL.

"Implementing this phase of the PAL program allows Lend Lease to continue leading the efforts in what is the US military's only lodging privatisation program."

Lend Lease is a market leader in the US military housing privatisation sector. With more than 40,000 homes, 8,200 hotel rooms and 192 apartments, Lend Lease has created master-planned, mixed-use communities throughout the United States.

ENDS

For further information, please contact:

Investor Relations:

Sally Cameron

Group Executive - Investor Relations

Tel: 02 9236 6464

Corporate Affairs:

Iwona Polski

Group Media & External Communications Manager

Tel: 02 9237 5034

distributed by
React to this article
Latest news on LEND LEASE GROUP
02/26 LEND LEASE GROUP : ex-dividend day for interim dividend
02/13 LEND LEASE : Launches Symposium To Facilitate Local Benefits During The Construc..
02/13 LEND LEASE : Wins £75m Hammersmith Office Job
02/13 LEND LEASE : Receives Planning Approval For Major New Residential Scheme In Chis..
02/13 LEND LEASE : tops out at saint john bosco College in wandsworth
02/11 LEND LEASE : Latest residential offering highlights Showgrounds’ new lanew..
02/05 LEND LEASE : Daryl Braithwaite launches Yarrabilba’s new sports facilities
02/01 LEND LEASE : Secured contract for the NorthConnex Motorway Project
01/17 LEND LEASE : Bishop's Lodge scales down, cuts staff ahead of overhaul
01/15 LEND LEASE : delivers INSEAD’s S$55m Leadership Development Centre for its..
Advertisement
Chart
Duration : Period :
Lend Lease Group Technical Analysis Chart | LLC | AU000000LLC3 | 4-Traders
Income Statement Evolution
More Financials
Dynamic quotes  
ON
| OFF