Delfin Lend Lease
Encyclopedia
Lend Lease Communities (formerly Delfin Lend Lease) is the Australian Master Planned Communities arm of property and infrastructure company Lend Lease Corporation
, an Australian-based global property and infrastructure solutions company.
After separation 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.
As part of corporate restructures in 2009, it was announced that previously separate business units would be merged into an entity known as 'one Lend Lease'. Whilst the announcement of 'one Lend Lease' was based on business structural changes, each business unit retained the individual branding entities. It is thought that this re-structure announcement, and the resultant automatic role demotions of the business unit CEO's, resulted in the resignation of Delfin Lend Lease's then CEO David Keir, who began a post as Managing Director and CEO of the Devine Group later that year.
On 17 Feb 2011 Lend Lease Corporation
announced a rationalisation of its brands in order in increase recognition of the Lend Lease name. Some of the group's brands were immediately renamed, however as Lend Lease's primary consumer business, Delfin did not. On 9 September 2011, Delfin Lend Lease officially transitioned to Lend Lease Communities, or Lend Lease for short.
Over its 50 year history, Lend Lease Communities has developed a number of communities throughout Australia with a high level of backlog land. These communities include:
NSW
QLD
VIC
SA
NT
ACT
WA
Lend Lease Corporation
Lend Lease Group is a global property and infrastructure company headquartered in Sydney, Australia...
, an Australian-based global property and infrastructure solutions company.
History
Originally named Delfin, the company was established as a 'Development Finance' (Del-fin) arm of the now ANZ bank.After separation 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.
As part of corporate restructures in 2009, it was announced that previously separate business units would be merged into an entity known as 'one Lend Lease'. Whilst the announcement of 'one Lend Lease' was based on business structural changes, each business unit retained the individual branding entities. It is thought that this re-structure announcement, and the resultant automatic role demotions of the business unit CEO's, resulted in the resignation of Delfin Lend Lease's then CEO David Keir, who began a post as Managing Director and CEO of the Devine Group later that year.
On 17 Feb 2011 Lend Lease Corporation
Lend Lease Corporation
Lend Lease Group is a global property and infrastructure company headquartered in Sydney, Australia...
announced a rationalisation of its brands in order in increase recognition of the Lend Lease name. Some of the group's brands were immediately renamed, however as Lend Lease's primary consumer business, Delfin did not. On 9 September 2011, Delfin Lend Lease officially transitioned to Lend Lease Communities, or Lend Lease for short.
Operations
The company operates across Australia. In all of these states, Lend Lease's Communities Business develops large, master planned communities. The company runs additional businesses in certain markets, this includes built form, town centres, construction and finance depending on size and location of each community.Over its 50 year history, Lend Lease Communities has developed a number of communities throughout Australia with a high level of backlog land. These communities include:
NSW
- Bingara Gorge, Wilton (current)
- Nelsons Ridge, Sydney (current)
- Ropes Crossing, Sydney (current)
- The New Rouse Hill, Sydney (current)
- Jordan Springs, Penrith (current)
QLD
- Forest Gardens, Cairns (current)
- Riverside Gardens, Townsville (completed 2009)
- Forest Lake, QueenslandForest Lake, QueenslandForest Lake or "The Living Forest" as it is affectionately known, was the first Master Planned Community within the municipality of Brisbane, Queensland. It has won numerous awards for its design and had a population of 20,900 residents, as of February 2006. Delfin, the developer of Forest Lake,...
, Brisbane (completed 2004) - Hyatt Coolum, Sunshine Coast (current)
- Twin Waters, Sunshine Coast (completed 2009)
- North Shore, Sunshine Coast (completed 2006)
- The Rocky Springs Project, Townsville (upcoming)
- Springfield Lakes, Ipswich (current)
- Vantage at Springfield Central (upcoming - apartments)
- Spring Mountain, Ipswich (upcoming)
- Ripley Valley, Ipswich (upcoming) joint venture with Sekisui
- Varsity Lakes, Gold Coast (current)
- Woodlands, Brisbane (current)
- Yarrabilba, Brisbane (upcoming)
- Fernbrooke Ridge, Redbank Plains (current)
- Logan Reserve, South East Queensland (upcoming)
VIC
- Caroline Springs, Melbourne (current)
- Craigieburn, Melbourne (current)
- Edgewater, Melbourne Inner City (current)
- Lakeside Pakenham, Melbourne (current)
- Laurimar, Melbourne (current)
- Atherstone, Melbourne (upcoming)
SA
- Golden Grove, Adelaide (Global Prix d'excellence winner, 1998)(completed)
- West Lakes, Adelaide (Global Prix d'excellence winner, 1992) (completed)
- Mawson Lakes, Adelaide (current)
- Gawler East, Gawler (upcoming)
- Blakes Crossing, Adelaide (current)
NT
- Fairway Waters, Darwin (completed)
- The Chase, Darwin (completed)
ACT
- Forde, Canberra (current)
- Springbank Rise, Canberra (current)
WA
- Alkimos, Perth (upcoming)
- Coolbellup, Perth (upcoming)
See also
- Shopping property management firms