Skip to main content
Liezl Gamble Photo
Liezl Gambe

Liezl Gambe

GrafaFinance Journalist

Finance journalist at Grafa with years of experience covering Asia-Pacific financial markets at S&P Global, Mortgage Ezy, and GMA Network.

Articles by Liezl Gambe

Grafa
Insights

Major property groups cash in retail assets to boost liquidity

  • Lendlease executed a contract to divest its 50% stakes in two high-profile shopping centres, Lakeside Joondalup and Westfield Carindale, to Cbus Property for approximately $1.3 billion.
  • The transaction highlights active capital recycling across major Australian property groups, with Lendlease Group shares reacting at $3.14 following the announcement.
  • Sector participants continue to focus on operational streamlining, liquidity enhancement, and capital return strategies amid evolving commercial property valuations.
Read more: Major property groups cash in retail assets to boost liquidity