Lend Lease, Sekisui, forge agreement

Sydney based Lend Lease has entered a partnership to develop master-planned residential and community projects across Australia with Japan’s Sekisui House.

Subject to conditions, the offshore group would acquire half an interest in the former’s controversial 15-level Serrata proposal, at Docklands.

It would also buy land at Hyatt Coolum at Wentworth Point, near Homebush, from the local developer.

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Marc Pallisco

A former property analyst and print journalist, Marc is the publisher of realestatesource.com.au.