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Lendlease Group is an Australian multinational construction, property, investment and infrastructure company headquartered in Barangaroo, New South Wales, Australia.

Bovis
C. W. Bovis & Co was founded by Charles William Bovis in London in 1885. It changed hands in 1908 when it was acquired by Samuel Joseph and his cousin, Sidney Gluckstein.

Bovis was one of the few construction companies to go public in the 1920s, during which time it developed an extensive retail clientele, by far the most important and long lasting of which was Marks & Spencer. Central to the relationship with Marks was the pioneering Bovis System contract, designed to bring the interests of the contractor and client together: “the Bovis System pays the builder the prime cost of the work plus an agreed fee to cover overheads and profit. The client receives any savings during construction instead of the contractor.”

During World War II, Bovis built the munitions factory at Swynnerton and worked on Mulberry harbour units. At the end of hostilities, Bovis resumed work for the private sector and in the early 1950s, the company moved into housing. Following the acquisition of Frank Sanderson's business in 1967, Bovis Homes expanded rapidly and became one of the largest housebuilders by the early 1970s.

Frank Sanderson was to change radically the future of Bovis. He was appointed Managing Director of Bovis Holdings in January 1970, and Chairman and Chief Executive in August 1972. After a number of housing acquisitions, Sanderson attempted to obtain control of P&O by means of a reverse takeover. An initial agreement was followed by a boardroom and shareholder revolt at P&O and at the end of 1972 the merger failed. There was boardroom dissension, too, at Bovis and Sanderson was forced out in September 1973.

One of Sanderson’s acquisitions, in 1971, had been Twentieth Century Banking, and two years later the secondary banking crisis created a run on deposits at the Bovis banking subsidiary. The crisis came to a head in December 1973 when National Westminster Bank refused to provide the necessary funds. A rescue of Bovis was inevitable and, ironically, the rescuer proved to be P&O: in March 1974 Bovis became a subsidiary of P&O.

From 1985 the company was led by Sir Frank Lampl, who changed it from a British concern into an international contractor. Bovis Homes was demerged in 1997, and floated on the London Stock Exchange.

The company was bought by Lend Lease Corporation in 1999, at which time it became Bovis Lend Lease.

Crosby Homes
Crosby Homes was established in the mid-1920s by James Crosby to build houses in north Cheshire. During the War it turned to civil engineering and contracting but returned to housebuilding in the late 1950s, when it specialised in building executive housing. In 1986, the Crosby family sold out to a management team and in 1989 the company was floated on the London Stock Exchange; at that time the company was predominantly building in north Cheshire and south Lancashire. The housing recession led to a cut in the dividend in 1990 and in 1991 Crosby was acquired by Berkeley Group Holdings. The business was substantially expanded, concentrating on city centre development from Birmingham north to Newcastle. As part of Berkeley's restructuring Crosby was sold on deferred terms to its management in 2003; Lend Lease Corporation then bought it in 2005 for circa £240 million. Shortly after the takeover the company was renamed Crosby Lend Lease.

Civil & Civic
Civil & Civic was founded by Dick Dusseldorp(who later went on to found Lendlease) in 1951 on behalf of Dutch building companies Bredero's Bouwbedrijf and The Royal Dutch Harbour Company as an Australian building contractor. Its first contract was to supply and erect 200 prefabricated houses for the Snowy Mountains Authority which had been established by William Hudson, engineer of the Snowy Mountains Scheme.

Hudson's greatest obstacle in the completion of the scheme was the provision of labour and materials. Without a resolution to these two problems the realisation of the project was doubtful. But 31-year-old Dutch immigrant Dick Dusseldorp conceived a plan to prefabricate frames for worker housing in Finland, plumbing in England, ship materials via Cooma and recruit labour from the Netherlands to erect the homes. Dusseldorp established Civil & Civic to take on and manage the multimillion-dollar contract.

Civil & Civic went on to become Australia's leading provider of project management services in the construction industry, delivering a number of landmark projects including Stage I of the Sydney Opera House, Australia's first all concrete skyscraper (Caltex House), and the world's first high-rise strata title apartment building (Blues Point Tower).

In 1961 Civil & Civic was acquired by Lend Lease Corporation, but the company continued to trade under the Civil & Civic name, also constructing the world's tallest lightweight concrete construction building (Australia Square), and the tallest building in the world outside North America (MLC Centre) at the time of completion.

In July 1999 Civil & Civic was rebranded Lend Lease Projects. After Lend Lease Corporation acquired Bovis from P&O in October 1999, the former Civil & Civic business merged with the former Bovis business to form Bovis Lend Lease.

Delfin
Delfin began as the Development Finance Company Ltd (DFC) established by John Marks in 1953. DFC became a public company in 1957 and was listed on the stock exchange in 1959. The purpose of DFC was to serve as an "investment banking service" that would "assist Australia’s industrial development by providing long-term finance and permanent capital to Australian companies." The abbreviation “DelFin” was used in the names of some of DFC's subsidiary companies.

DFC entered the real estate development market in 1969 via an indenture signed by its subsidiary, Delfin Management Services Pty Ltd and the Government of South Australia to built a real estate development to be called “West Lakes” in the upper estuary of the Port River (known as the Upper Port Reach) to the north-west of the Adelaide city centre.

In 1983, DFC was acquired by ANZ Bank.

After separating from ANZ, Delfin Property Group was acquired by Lend Lease Corporation in 2001 for $172 million (AUD). Upon acquisition, Delfin Property Group was de-listed and became Delfin Lend Lease, a subsidiary company of Lend Lease Corporation.

Founding
The company was established as Lend Lease by Dick Dusseldorp in 1958 to provide finance for building contracts being undertaken by Civil & Civic. In 1961 the company acquired Civil & Civic from Bredero's Bouwbedrijf.

Lendlease first listed on the ASX in 1962. Operations expanded to the USA in 1971 and to Singapore in 1973.

In 1983 Lend Lease created 'The Lend Lease Foundation', their charitable arm to improve communication with and help in communities, as well as caring for both community and employee well-being.

Expansion and Major Acquisition
In 1999 the company formed Actus Lend Lease with the acquisition of Actus Corporation's MILCON and technical service construction management business, and augmented this business with professionals from Lend Lease Design and Lend Lease Development. . At this time the company also acquired Bovis from P&O Then in 2000 it bought Amresco's commercial mortgage business In 2001, Lend Lease acquired Delfin Property Group (now Lend Lease Communities) for $172 million. It went on to buy Crosby Homes (now Lend Lease Residential Development) for circa £240 million in 2005.

Valemus Acquisition, One Lendlease Era
In 2009, former CEO and managing director, Steve McCann, was appointed.

In 2009, Lend Lease Corporation acquired Babcock and Brown Communities, rebranding the business as Lend Lease Primelife. At the time, this acquisition made Lend Lease Australia's largest provider of retirement villages.

In 2010, Lend Lease announced their first foray into the consumer market with Lend Lease Solar. The subsidiary was wound up in early 2011, with no explanation as to why the division had closed.

As of 17 Feb 2011 Lend Lease announced wider ranging changes to its group of brands. This announcement means the retirement of the Bovis, Delfin, Vivas, Catalyst and Primelife brands which will now referred to using the unified Lend Lease brand.

In late February 2011, Lend Lease acquired DASCO in order to position itself to take advantage of the impending Obama administration Health sector boom. The company was immediately rebranded as Lend Lease DASCO, and operates independently of the Lend Lease Americas business.

In March 2011, Lend Lease completed the acquisition of Valemus (previously known as Bilfinger Berger Australia) from Bilfinger. Valemus was established in 2004 as Bilfinger Berger Australia (BBA), as the holding company of Bilfinger's investments in Australia. BBA had acquired Baulderstone Hornibrook in 1993 and Abigroup in 2004. Bilfinger Berger Services was established in November 2005 by transferring the services businesses owned by Abigroup and Baulderstone to a new services focused company.

Having changed its name to Valemus, in June 2010, a prospectus was issued with the aim of listing the company on the Australian Securities Exchange via an initial public offering. In July 2010 the listing was abandoned with a trade sale to Lendlease agreed in December 2010 and completed in March 2011 after the Australian Competition & Consumer Commission decided not to oppose the sale.

In March 2013 the business divested its aged care homes (from the acquisition of Babcock and Brown Communities) to Allity, a business owned by Australian Aged Care Partners.

In 2015, the company rebranded to use "Lendlease" as a single word.

In December 2016 Lendlease formed a joint venture agreement with Energy Made Clean. Energy Made Clean is a wholly owned subsidiary of renewable energy technology developer, Carnegie Clean Energy (ASX: CCE). With EMC and Carnegie's joint offerings, it is the only company in the world to offer a combination of wave, solar, wind, storage and desalination via microgrids. Microgrids are a budding industry and this partnership aims to provide end-to-end technologies that deliver energy independence and a reliable alternative to traditional forms of energy in regional, remote and fringe-of-grid locations in Australia, United States and around the world.

The global COVID-19 pandemic led to enforced site closures during the early 2020s, impairing revenues. In February 2022, Lendlease reported a first half loss of $264 million, which it attributed to one-off restructuring costs, COVID-19 issues and asset sales. The company cut about 360 jobs and garnered savings of $160 million. An improved second half to the financial year saw the company post a bottom-line loss of $99 million for the full year, after $333 million in writedowns on existing operations, a 61% drop in development EBITDA to $18 million and a 24% slump in construction earnings to $131 million.

Previous works include the Adelaide Oval upgrade finished in 2014, and the Sydney Opera House, completed in 1973 where Lendlease were the principal contractor.

Regions
Lendlease operates in Investment management, construction, Urban Redevelopment, communities, retirement living, health science, data centre and Digital scopes across it's 4 regional subdivisions:

Australia
Currently, the group has secured significant urban regeneration projects in Sydney at Barangaroo South, in Melbourne at Docklands, Victoria, in Brisbane at the RNA Showgrounds – The Green, and around Adelaide's Adelaide Oval.

Lendlease is one of Australia's largest developer of Master Planned Communities. One of Lend Lease's more controversial Communities projects is their development for housing and industry of the former Australian Defence Industries land at St Marys (Ropes Crossing & Jordan Springs) in Western Sydney. Some of the group's major Communities projects include Springfield Lakes, Queensland,  Their ADI property is the largest intact area of the biodiverse and endangered plant community, the "Cumberland Plain Woodland".

Asia
Lendlease Asia is working on two large urban development projects, The TRX Lifestyle Quarter in Kuala Lumpur, Malaysia, and Paya Lebar Quarter in Singapore, due for phased completion in 2020 and 2019 respectively.

Lendlease manages 4 retail assets in Singapore (Parkway Parade, 313@somerset, JEM and Paya Lebar Quarter) and 1 retail asset in Malaysia (Setia City Mall). Lendlease operates in Singapore, Malaysia, Japan and Greater China within the Asian Region. Its regional HQ in Asia is housed within PLQ Workplace at Paya Lebar Quarter.

Americas
Lendlease is the largest developer of public-private defence housing in the United States. Lendlease Project Management & Construction (previously Bovis Lend Lease) was the major contractor for the Ground Zero Memorial in New York, in addition to a number of other major public buildings throughout the U.S. Recent Public Private Partnership involved InterContinental Hotels Group and Lend Lease (US), where they joined forces in the Privatization of Army Lodging to deliver quality hotels to United States Army Soldiers, their Families, and official guests of the United States Army. This partnership created IHG Army Hotels, a division of InterContinental Hotels Group.

Other current projects include Southbank, the urban regeneration of an area of Chicago, IL. That redevelopment will be finished in the late 2020s, at roughly the same time as Lendlease's urban regeneration programmes in the U.K. and Australia.

Lendlease also managed the construction of 432 Park Avenue, which, at 1,396 feet tall, is the tallest residential building in the Western Hemisphere. It is located in one of New York City's most desired neighborhoods, alongside some of the most prestigious retail space in New York. Lendlease also provided preconstruction and construction management and risk services for 53 West 53rd Street, a 77-story, 1,050 foot tall luxury condominium tower located in the area bound by 53rd Street and 54th Street and 5th and 6th Avenues.

It has also built for clients such as The United Nations, building the 44-story 50 United Nations Plaza in 2015, and managing a new façade at The American Museum of Natural History, a project which finished in 2013.

In 2012 Lendlease began construction on its first luxury home in an attempt to get into the high-end Southern California mansion market.

Soaring Heights, at Davis-Monthan AFB, Tucson, Arizona, United States, is one of Lendlease's Public Partnerships business in the US. The 6 MW solar development is the largest solar powered community in the continental US, producing more than 10 million kilowatt hours of electricity, providing an estimated 75 percent of the community's energy needs.

In the Americas, Lendlease is based on Park Ave in New York City, United States.

Europe
In Europe, Major Urban Regeneration programmes are underway in Elephant and Castle as Elephant Park, and in Stratford, London as The International Quarter London, which are both worth over £2bn and have recently won another in the London Borough of Haringey. There is a significant focus on inner city urban regeneration opportunities within the UK. Projects include i-land – Birmingham, Clarence Dock – Leeds, Hungate – York, Potato Wharf – Manchester and as previously mentioned, Elephant & Castle and International Quarter London (both London).

Lendlease's European Regional Headquarters is in Regent's Place, London. In Europe, Lendlease mainly manage in the Project Management and Construction of new projects and programmes (Lendlease Project Management & Construction), with current projects including Google's brand new £700m European HQ in King's Cross, and London's first Pan Pacific Hotel for UOL Group in the City of London, which is worth over £500m. In 2015 Lendlease oversaw the restoration of the encaustic tile pavements at The Houses of Parliament.

Lendleade worked on the Torino 2006 winter games facility, Durrat al Bahrain, Warsaw Trade Tower, Prague Ruzyně Airport T2 & Sheremetyevo International Airport T3 Moscow.

Previous projects in Europe include Bluewater Shopping Centre, which was built in an old disused quarry and was the Europe's leading shopping centre in the late 2000s. King's College London's new science gallery and also completed the pre-construction for both London's Wembley Stadium and Cardiff's Millennium Stadium, but pulled out due to fears of escalating costs. They also completed apartments and the £1bn Athlete's Village for the London 2012 Olympics, which were ingenuously designed to become residential apartments once the Olympics had finished. This has turned into continued investment in Stratford through the International Quarter London, a 20-year development focussed on regenerating Stratford into a major area of London, which is all part of London 2012 Olympics's Olympic Legacy. This is the same with Elephant & Castle and Haringey, showing their focus and interest in major urban regeneration programmes in some of the World's major Gateway Cities, which currently include London, Melbourne, Sydney and Milan.

The European division through their predeccessor companies has constructed many famous buildings, including the 2012 London Olympic Games Village (now the East Village), London's Millennium Dome, The Curve Theatre, Leicester, Media City UK, Royal Festival Hall & BBC's Scotland Headquarters, as well as others mentioned in this article. The company has built, managed and operated eight major Private Finance Initiative hospitals in the UK.

Major Projects and Buildings
• Caltex House completed in 1957

• The Shine Dome completed in 1958

• Sydney Opera House Podium completed in 1962

• Blues Point Tower completed in 1962

• Reserve Bank of Australia Building, Sydney completed in 1964

• Reserve Bank of Australia Building, Canberra completed in 1965

• Australia Square completed in 1967

• MLC Centre completed in 1977

• Jolimont Centre completed in 1983

• The Connaught completed in 1984

• Parramatta Stadium completed in 1986

• Melbourne Park completed in 1988

• Sydney Football Stadium completed in 1988

• Sydney Olympic Village completed in 1999

• Orion Building in Birmingham

• The Haçienda in Manchester

• Clarence Dock in Leeds

• the Queen Elizabeth II Conference Centre completed in 1986

• the Lloyd's Building in London also completed in 1986

• the Meadowhall Shopping Centre in Sheffield completed in 1990

• Disneyland Paris completed in 1992

• the Trafford Shopping Centre in Manchester completed in 1998

• the Bluewater Shopping Centre in Kent completed in 1999

• the refurbishment of Glasgow Central Station completed in 2000

• the National Museum of Australia completed in 2001

• the Chicagoland Speedway in Illinois completed in 2001

• the Calderdale Royal Hospital completed in 2001

• the refurbishment of HM Treasury Main Building completed in 2002

• the Worcestershire Royal Hospital completed in 2002

• Endeavour House completed in 2003

• the Scottish Parliament Building completed in 2004

• the Chapelfield Shopping Centre in Norwich completed in 2005

• Bridgewater Place in Leeds completed in 2006

• Queen's Hospital in Romford completed in 2006

• Queen Mary's Hospital in Roehampton completed in 2006

• St James's Institute of Oncology in Leeds completed in 2007

• the Trump International Hotel and Tower in Chicago completed in 2009

• the Broadgate Tower and 201 Bishopsgate in London completed in 2009

• Royal Manchester Children's Hospital completed in 2009

• the Burnley and Nelson sections of the Lancashire BSF project, competed in 2010

• the Trump SoHo in New York completed in 2010

• the refurbishment of the BBC Headquarters in London completed in 2011

• the World Trade Center Memorial and Museum in New York completed in 2011

• Northumbria Specialist Emergency Care Hospital, Cramlington, UK, completed in 2015. (In February 2021, the NHS trust began court action against Lendlease over structural defects identified in the building. A trial is due to start in October 2022. )

• the International Convention Centre Sydney completed in 2016

Retirement Living Villages
• Isabella Gardens, Isabella Plains

• Annesley Bowral, Bowral

• Ashton Gardens, East Maitland

• Brentwood Village, Kincumber

• Closebourne Village, Morpeth

• Coastal Waters, Worrowing Heights

• Dee Why Gardens, Dee Why

• Glenaeon, Belrose

• Henry Kendall Gardens, Wyoming

• Lakeside Retirement Village, Bonnells Bay

• Little Bay Apartments, Little Bay

• Lutanda Manor, Pennant Hills

• Nelsons Grove, Pemulwuy

• Pittwater Village, Mona Vale

• Rochford Place, Ropes Crossing

• Allora Gardens, Maroochydore

• Argyle Gardens, Bundaberg

• Buderim Gardens, Buderim

• Carlyle Gardens Mackay, Mount Pleasant

• Carlyle Gardens Townsville, Condon

• Eaglemount Retirement Resort, Mackay

• Hibiscus Bellflower, Sippy Downs

• Hibiscus Buderim Meadows, Buderim Meadows

• Hibiscus Chancellor Park, Sippy Downs

• Hibiscus Nambour, Nambour

• Hibiscus Noosa Outlook, Tewantin

• Keperra Sanctuary, Keperra

• The Gardens On Lindfield, Helensvale

• The Lakes Bundaberg, Bundaberg North

• The Terraces, Forest Lake

• Elliot Gardens, Port Elliot

• Trinity Green, Mawson Lakes

• Vermont Estate, South Plympton

• Abervale, Grovedale

• Burwood Terrace, Burwood

• Caesia Gardens, Caroline Springs

• Evelyn Ridge, Mount Evelyn

• Fiddlers Green, Berwick

• Forest Hills, Nunawading

• Goodwin Close, Blackburn

• Heathglen, Werribee

• Highvale, Glen Waverley

• Koorootang Court, Mount Martha

• Lexington Gardens, Springvale

• Martha's Point, Mount Martha

• Meadowvale, Pakenham

• Peppertree Hill, Rowville

• Port Phillip Village, Altona

• Tannoch Brae, St Albans Park

• The Brighton On Bay, Brighton

• The Village Williamstown, Williamstown

• The Links at Waterford, Rowville

• Viewbank Gardens, Viewbank

• Waterford Park, Knoxfield

• Waterford Valley Lakes, Rowville

• Woodlands Park, Berwick

• Harbourside Village Mindarie, Mindarie

• Homestay Village, Queens Park

• Lakeside Village, Bibra Lake

• Parkland Villas Booragoon, Booragoon

• Parkland Villas Ellenbrook, Ellenbrook

• Parkland Villas Mandurah, Mandurah

• Parkland Villas Woodlands, Woodlands

• The Pines, Ellenbrook

• Timberside Villas, Woodvale

Controvery and Incidents
In 2008, the company and a subcontractor abatement firm, the John Galt Corporation, were charged with numerous OSHA safety violations after a fire broke out and killed two firefighters at the Deutsche Bank Building, a Manhattan skyscraper being demolished in the wake of the September 11 attacks. The violations included an employee (Safety Manager) of "Lend Lease's Project Management & Construction Business" filling out a safety check list that identified a stand-pipe as being present and functional - when it was actually disconnected in a hard to see spot. The firemen consulted the check list, thought they had a good system and proceeded up into the building to fight the fire. Only when they reached the dangerous area that was on fire, did they realize the system did not have any water pressure, and they died trying to retreat amid the confusion. As of June 2011, two out of the three individuals charged in the associated manslaughter and criminally negligent homicide case have been acquitted.

In 2012, Lend Lease agreed to pay $56 million in fines and restitution after admitting that the company had routinely over-billed clients and evaded government rules regarding the hiring of women and minority-owned firms. For a ten-year time span ending in 2009, the company along with others devised a scheme to defraud federal, state and local government contracting agencies as well as private clients. The fine is the largest in the city's history.

On 29 October 2012 the long boom of a Lend Lease construction crane atop the 1,004 foot high One57 snapped during Hurricane Sandy forcing the evacuation of several buildings in Midtown Manhattan.

In October 2018, Lendlease was announced as a contender for a £330 million contract to renovate Manchester's Town Hall. Manchester's Opposition Leader and former MP John Leech uncovered a history of legal, ethical and worker safety controversy surrounding the two shortlisted companies (Laing O'Rourke and Lendlease). He said that "Under absolutely no circumstances" should Lendlease ever be considered for a council contract again until they paid a £3 million Grenfell-style cladding bill in the Green Quarter of Manchester. In January 2019, Lendlease was announced as the winner of the contract. Leech criticised the decision and said it showed a lack of concern for local people.

A 23-year-old worker was killed and two others seriously injured in October 2020 on a Lendlease construction site at Curtin University in Western Australia. This occurred when the roof on the new School of Design and the Built Environment building collapsed.