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New Deal


Announced

Completed

Lendlease and Ivanhoé Cambridge created the joint venture.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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real estate

Joint Venture

Friendly

Completed

Canada

Majority

Private Equity

Private

Australia

Acquisition

Cross Border

Real Estate Holding and Development

Single Bidder

Synopsis

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Lendlease, a globally integrated real estate and investment group, and Ivanhoé Cambridge, a real estate investment firm, created the joint venture. Financial terms were not disclosed. "This project is further evidence of the strength of our integrated platform and end-to-end capabilities. 60 Guest Street demonstrates our global strategic focus on delivering a diverse and robust pipeline of development projects alongside best-in-class capital partners like Ivanhoé Cambridge," Denis Hickey, Lendlease Americas CEO.

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