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4-Traders Homepage  >  Equities  >  AUSTRALIAN SECURITIES EXCHANGE LIMITED  >  Lendlease Group    LLC   AU000000LLC3

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Lend Lease Group : Lend Lease appoints Peter Wilding as Managing Director, Project Management and Construction, Asia

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11/28/2011 | 07:36am CEST

Lend Lease today announced the appointment of Mr Peter Wilding to the role of Managing Director of its Asian Project Management and Construction business unit with immediate effect.

Mr Wilding, 45, will be based in Lend Lease's regional headquarters in Singapore. Under his leadership, Mr Wilding will direct the strategy, growth, operations and resources of the Project Management and Construction business across the region, focusing on delivering safe, innovative outcomes for clients across the core sectors of pharmaceutical, commercial, industrial, retail and education.

Most recently, Mr Wilding was Associate Director of Real Estate and Hospitality at Mubadala, a wholly owned investment vehicle of the Government of Abu Dhabi in the United Arab Emirates. Previous senior appointments include Deputy CEO of Capitala (a joint venture between Capitaland and Mubadala), Regional Director for Asia at Multiplex Construction, and General Manager, New South Wales, at Australand, which is the Australian subsidiary of Capitaland.

Lend Lease is well-known to Mr Wilding. He began his career as a site engineer at Civil & Civic in 1985, which is the predecessor of Lend Lease's Project Management & Construction business unit today. By the time he rose to the position of a senior project manager in 1995, Mr Wilding had completed over 20 major projects in the property sector, including the construction of the Sydney Football Stadium, Sydney's ANA Hotel and several leading shopping centres across Australia.

"Peter brings a proven track record of innovative construction knowledge, diversified team leadership and deep client relationships to Lend Lease," said Mr Rod Leaver, Lend Lease's Asian CEO. "Peter has experience in building sustainable businesses in Asia, the Middle East and Australia. He joins the business at a very exciting time as we start to implement our growth aspirations," he added.

ENDS

For further information, please contact:

Claire Ng
Marketing & Communications Manager Asia
claire.ng@lendlease.com
Tel: +65 6671 6657

Graham Ong-Webb
Senior Account Manager
graham@foreword.com.sg
Tel: +65 6338 5918/ Mobile: +65 9172 4232

About Lend Lease

Lend Lease is a leading and international property and infrastructure group, with a focus on core markets in Australia, Asia, Europe and the Americas. Listed on the Australian Securities Exchange and with circa 17,000 employees, Lend Lease's capabilities span the property and infrastructure value chain and include development management; investment management; project management & construction and asset & property management. In Asia, our expertise covers multiple sectors including commercial, hospitality, retail, industrial and pharmaceutical.

Lend Lease creates innovative and sustainable solutions, forging partnerships and delivering maximum benefits to clients, investors and communities. Safety is our number one priority and Lend Lease is committed to operating Incident & Injury Free wherever we have a presence. Sustainability has always been an integral part of our culture and through design and investment in new technologies, we are delivering the next generation of sustainable property and infrastructure solutions.

For more information about Lend Lease, please visit our website www.lendlease.com

Lend Lease's name in Chinese is

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Financials ( AUD)
Sales 2017 15 985 M
EBIT 2017 1 049 M
Net income 2017 742 M
Debt 2017 -
Yield 2017 4,63%
P/E ratio 2017 10,89
P/E ratio 2018 10,22
Capi. / Sales 2017 0,51x
Capi. / Sales 2018 0,50x
Capitalization 8 170 M
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Average target price 15,5  AUD
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Stephen Barry McCann Group CEO, Executive Director & Managing Director
David Alexander Crawford Chairman
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Phillip Maxwell Colebatch Independent Non-Executive Director
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