Lendlease Global CEO Lombardo on 1H Results

The video discusses the impact of macroeconomic challenges like inflation and rising rates on businesses, particularly in real estate. It highlights Lend Lease's financial performance, including a significant increase in core operating profit and provisions due to UK legislation. The company is focusing on development projects, such as One Circular Quay, to drive growth. Strategies to boost ROI and control costs are outlined, with an emphasis on inflation trends and market conditions. The demand for sustainable investment projects is also explored, with a focus on build-to-rent and net-zero targets.

What macroeconomic factors are impacting businesses, especially in real estate?

• Decreasing inflation and stable interest rates

• Rapid global growth and decreasing inflation

• Rising inflation, increasing rates, and slower global growth

• Stable inflation and decreasing interest rates

How much did Lend Lease's core operating profit increase?

• 200%

• 300%

• 500%

• 400%

What is the value of the One Circular Quay project?

• $2 billion

• $3 billion

• $1 billion

• $4 billion

What percentage of the One Sydney Harbour project has been sold?

• 88%

• 50%

• 70%

• 100%

What is Lend Lease's target ROI range for the next year?

• 6% to 8%

• 8% to 10%

• 5% to 7%

• 10% to 12%

What action did Lend Lease take to manage costs?

• Increased workforce

• Reduced cost base by $170 million

• Increased marketing budget

• Expanded into new markets

What is the value of Lend Lease's build-to-rent pipeline?

• $15 billion

• $20 billion

• $10 billion

• $27 billion