Our credit view of this issuer reflects its integrated and diversified business model, offset by its exposure to inherent development risks and cash flow volatility.
While credit positive over time, it will depend on the ability to execute these initiatives including both short-term assets sales, and medium- to longer-term asset sales and initiatives.
Our credit view of this issuer reflects its integrated and diversified business model, offset by its exposure to inherent development risks and cash flow volatility.
Our credit view of Lendlease, reflecting its solid market position and pipeline, income diversity and financial strength, balanced by inherent construction risks and cash flow volatility.