Strong pipeline and recurring revenue:Lendlease Group (ASX: LLC) reported a 20% rise in their residential development to 5,769, as they delivered 2,533 apartments for fiscal year of 2017. The group’s Australian commercial development with strong office leasing is ongoing and it also completed some projects including the Tower One at Barangaroo South in Sydney. LLC managed to generate a Return on Equity of 12.9% for the year, in line with their 10-14% target range.
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