Lendlease held a recent set of site tours. Here’s us thinking about that.
There is no shortage of work for LLC, they’ve got it coming out of their ears.
For many businesses, that’s the hard part, having the network and track record to win the business.
They just need to execute on what they already have.
Urban regeneration, improving the dilapidated, nigh uninhabitable pre-1960s office infrastructure, or underused industrial, into mixed use attractive green destinations is work enough in perpetuity. It’s just about the margin.
If they can get it right, the opportunity for an improved earnings trajectory, and commensurately higher multiple, is enormous. Mind you, everyone can see that, and yet, here we are.
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