Is it time to buy Lendlease?

In the wake of a 24% decline in the share price over the past year, Jon Mills looks at whether Lendlease – nee Lend Lease – deserves an upgrade.

Although Australia’s levitating residential property prices may suggest otherwise, the property market is a cyclical beast. This is especially true of commercial property due to its greater exposure to the economy and the business cycle.

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