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Home lot developer Lend Lease stays afloat by selling assets

Home land development giant Lend Lease Corporation depends on selling assets in this tough market. 25 per cent of Lend Leases profits every year came from asset sales it developed for sale around the world. But selling assets was tougher than usual because of the global finance credit crunch. The group wrote another $490 million [...]

Rampant rents, low home loan rate attract the return of the property investor

Residential property investment has slide out of favour for a lot of reasons, but investment property is making a comeback as interest rate drops and rising rents make the figures stack up. Major house and land developers say that inquiries from investors have risen after recent interest rate drops. Whilst some property investors have never left the [...]