Is LendLease a turnaround story?
A trading update provided to the ASX on 15 November highlighted that LendLease (ASX: LLC) has made a strong start in FY25. The Company also pointed to further improvement in FY26. The latter is underpinned by profitable Funds Under Management (FUM) growth, an improvement in co-investment yields, and higher transaction volumes. Accordingly, we recently researched LendLease in The Dynamic Investor and concluded that the shares presented an opportunity. The shares momentarily gained around ~10% since our report and was trading …