Should I buy Lendlease stock in 2025?

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At HelloSafe, our specialists have been tracking the performance of Lendlease for over three years. Every month, hundreds of thousands of users in Singapore rely on us to analyze market trends and identify the best investment opportunities. Our analyses are provided for informational purposes only and do not constitute investment advice. In accordance with our ethical charter, we have never been, and will never be, compensated by Lendlease.

What is Lendlease ?

How much is Lendlease stock?

The price of Lendlease stock is rising this week. As of now, LLC shares trade at A$5.41, marking a 1.69% gain in the past 24 hours and a 3.64% increase over the week. Lendlease’s market capitalization stands at A$3.73 billion, with an average 3-month daily volume of 1.7 million shares.

The company currently reports a negative P/E ratio, a dividend yield of 2.88%, and a stock beta reflecting its sensitivity to market movements. While the stock remains below its major moving averages, recent stabilization may interest investors watching for potential recovery amid ongoing business transformation.

Our full analysis on Lendlease stock

We have thoroughly reviewed Lendlease Group’s latest financial disclosures, together with a rigorous analysis of its multi-year stock performance. Leveraging a suite of proprietary models, we have synthesized real-time financial metrics, technical signals, sectoral data, and peer comparisons to offer a comprehensive perspective. So, why might Lendlease stock once again become a strategic entry point into the global property and infrastructure sector as we head into 2025?

Recent Performance and Market Context

Stock Price Movement
Lendlease Group (ASX: LLC) currently trades at A$5.41, up 1.69% intraday, with an average daily volume of 1.7 million shares and a market capitalization of A$3.73 billion. Although the stock is down 13.16% year-to-date and off 20.56% over the last six months, recent days have shown encouraging stabilization — including a +3.64% gain over the trailing week. The 52-week trading range of A$5.06 - A$7.40 highlights that current prices approach tested support zones, potentially positioning the stock near a cyclical low.

Positive Recent Events
Recent months reflect notable operational momentum:

• Half-Year Results delivered in February 2025 revealed significant operating EBITDA growth (+39% to A$375 million) and an operating profit after tax of A$122 million, representing a sharp turnaround from prior losses.
• Ongoing restructuring — namely, the sale of the UK Construction business to Atlas Holdings — streamlines operations, reduces risk, and prioritizes higher-margin activities.
• Confident forward guidance for FY2025 earnings (54-62 cents per security) has boosted market sentiment, signaling the company’s expectation for a return to profitability in the second half.

Favorable Sector Backdrop
The property sector, particularly in Asia-Pacific and select global urban markets, is poised for renewed interest as infrastructure spending normalizes, and capital seeks undervalued, income-generating assets. Lendlease’s strategic pivot toward investments and fund management positions it favorably within this context—especially relevant for Singaporean investors tracking regional real estate flows and sustainability themes.

Technical Analysis

Indicators — RSI, MACD, Moving Averages

• RSI (14) at 49.56 underlines a neutral momentum—neither overbought nor oversold—suggesting downside selling pressure is abating.
• MACD (-0.13) remains modestly bearish, yet the gap is narrowing as price action consolidates.
• Stochastic at 74.04 is approaching overbought but has not tipped into heavy buying territory.
• Notably, LLC trades below its 20-day (A$5.34), 50-day (A$5.65), 100-day (A$5.95), and 200-day (A$6.21) EMAs—evidence of persistent downward structure but also of a potential coiled-spring setup as a technical base forms.

Strong Support and Bullish Reversal Signals
Current prices hover near robust supports at A$5.08, A$4.85, and A$4.42. These levels have previously acted as springboards for medium-term recoveries, and a sustained defense here could catalyze a bullish reversal. Meanwhile, multiple technical stabilization signs—neutral RSI, narrowing MACD, and upticks in weekly performance—align to suggest that Lendlease may be entering the initial phases of a trend change.

Favorable Momentum Structure
With selling exhaustion increasingly evident and no major technical breach of the underlying long-term supports, the short- and medium-term outlook appears primed for a move higher should positive catalysts emerge. The risk/reward for incremental entry is arguably at its most attractive in months, given the significant discount to both historical and sectoral norms.

Fundamental Analysis

Revenue Growth and Profitability Trajectory
Lendlease delivered A$4.53 billion in revenue for 1H25, with operating EBITDA surging 39% and a return to after-tax profits of A$122 million. The company’s earnings-per-share performance (A$0.041 in 1H25) is especially noteworthy given the prior period’s losses. Forward earnings guidance signals a strong trajectory, with half-year earnings (18 cents in H1 and an anticipated 36-44 cents in H2) underpinning management’s confidence.

Strategic Expansion and Capital-Light Operations
The foundation of Lendlease’s long-term investment case is its move to a capital-light model. The strategic focus on investment management and development, with a targeted earnings mix (50% investments, 35% development, 15% construction), is expected to improve group returns and reduce historic earnings volatility. Asset divestments—such as the UK Construction exit—free up capital for higher-margin, scalable pursuits.

Attractive Valuation

• Price/Book at 0.73 reflects a substantial discount to both book value and sector averages, offering a compelling value proposition.
• Price/Sales at 0.41 confirms market undervaluation of operational revenues.
• Forward P/E of 10.86 is highly competitive against both domestic and global real estate investment peers, especially with improving earnings momentum and profitability inflection on the horizon.
• The negative trailing P/E is a function of past one-off write-downs and restructuring expenses, not the underlying operating power, which is now showing robust signs of reversal.

Structural Strengths: Brand, Innovation, Market Share
Lendlease is widely respected across Asia-Pacific and global markets for its commitment to sustainable urban development and placemaking. Its pipeline of urban regeneration projects and developments—spanning Singapore, Australia, Europe, and the US—provides diversified exposure to fast-growing, high-value markets. The company’s established reputation fosters strong partnerships with governments and institutional investors, reinforcing its competitive moat.

Volume and Liquidity

• Strong Trading Volume: With an average daily volume of 1.7 million shares and persistent institutional activity, Lendlease’s liquidity profile is robust.
• Healthy Free Float: The capital structure supports both institutional and retail flows, enabling dynamic yet orderly valuation adjustments.
• Sustained volume at major technical levels has often preceded durable rallies in Lendlease history, a pattern now appearing as the stock coalesces around its major supports.

Catalysts and Positive Outlook

Strategic Restructuring and Growth Initiatives

• Divestment of Non-Core Assets: Recent asset sales, notably in the UK, immediately improved risk/return dynamics and reduced operational drag. The company expects further simplification to unlock value.
• Investment Management Platform Expansion: Projected CAGR of ~4% in funds under management—expected to exceed A$58 billion over five years—positions LLC for steady recurring fee income and scalable margins.
• Strong Urban Regeneration Pipeline: Direct exposure to some of the world’s most exciting mixed-use precincts ensures multiple potential near-term catalysts, especially as global property markets stabilize and rebound.
• Return to Profitability: The clearest bullish signal comes from the turnaround in earnings and management’s credible guidance for sustained profits in the second half and beyond.

Favorable Broader Context

• Recovery in Regional Real Estate: In Singapore and across Asia-Pacific, pent-up capital and pro-active government infrastructure policies create tailwinds for diversified property players.
• Sustainability and ESG Leadership: Lendlease’s focus on innovative, sustainable solutions aligns well with global investor priorities, including institutional mandates in Singapore.
• Interest Rate Stabilization: The global interest rate environment appears to be peaking, with expectations for rate stability or easing—a meaningful positive for both property values and development economics.

Investment Strategies

Short-Term
With the current share price at the lower end of its trading range and technical indicators signaling a bottoming process, Lendlease seems to represent an excellent short-term opportunity for investors seeking value-driven entry ahead of upcoming catalysts, including full-year results.

Medium-Term
For medium-term investors, the recalibration of valuation multiples as profitability recovers and operational risk recedes is likely to drive re-rating potential. Should analyst consensus price targets (A$6.98, +30% upside) be met, attractive capital gains may be realized alongside dividend income.

Long-Term
Lendlease’s capital-light, investment management-oriented model is expected to yield higher, more stable returns through the property cycle. Singaporean and regional investors, in particular, may find renewed interest justified by both long-term secular growth trends (urbanization, sustainability) and the company’s strong execution on its transformation plan.

Strategic Entry Timing
Lendlease appears to be positioned at a technical low, immediately ahead of an expected upswing in financial performance and operational dynamics. For diversified portfolios, the current convergence of technical, fundamental, and strategic positioning merits serious consideration.

Is it the Right Time to Buy Lendlease?

Summary of Key Strengths

• Attractive Valuation: Stock trades at a significant discount to book value and sector peers, offering potential for value realization.
• Operational Turnaround: Earnings momentum and return to profitability in H2 FY2025 signal a credible turnaround story.
• Robust Liquidity and Volume: Strong institutional and retail trading volume reflects sustained market confidence.
• Clear Growth Catalysts: Expansion of the investment management business, asset divestments, and strong urban regeneration pipeline set the stage for long-term outperformance.
• Dividend Support: A 2.88% yield offers income even as capital appreciation potential accelerates.

Optimistic Projection and Conviction
Given the convergence of stabilizing technicals, improving fundamentals, a compelling valuation profile, and imminent positive catalysts, Lendlease stock may be entering a new bullish phase. With the company’s restructuring agenda translating into clearer, higher-margin earnings and its global property pipeline offering resilience and optionality, the fundamentals justify renewed interest—particularly for Singaporean investors seeking exposure to best-in-class, diversified property platforms at a cyclical inflection point.

While capital markets demand vigilance, the combination of undervaluation, operational momentum, and strong business transformation points to Lendlease as a standout candidate for those evaluating medium- to long-term opportunities in the property and infrastructure sector. For investors positioned to act on thorough analysis and strategic timing, Lendlease’s current levels seem to offer an excellent opportunity to participate in the next chapter of growth and value creation.

How to buy Lendlease stock in Singapore?

Buying Lendlease (LLC.AX) stock online is increasingly straightforward and secure for Singapore investors, thanks to regulated brokers offering user-friendly digital platforms. You can invest in Lendlease either by direct spot (cash) buying or through financial derivatives such as Contracts for Difference (CFDs). Both methods have their benefits—spot buying grants you share ownership, while CFDs allow for leveraged trading. Your investment goals and risk appetite will determine the best fit. To select the best option, review our broker comparison further down the page, which highlights important differences in fees and features.

Spot Buying

A cash purchase means you own actual Lendlease shares, held in your name via the broker. This suits investors aiming for dividend income and long-term growth. Singapore brokers typically charge a fixed commission per trade—usually between SGD 5 and SGD 15 depending on the platform and transaction size.

Example

Suppose the Lendlease share price is A$5.41 (current market price), and you wish to invest SGD 1,000 (approx. A$1,100, using an estimated exchange rate of 1 SGD ≈ 1.1 AUD). After accounting for a brokerage fee of about SGD 7 (A$7.70), you could buy around 203 shares (A$1,100 ÷ A$5.41), considering fees.

Gain scenario: If the share price rises by 10%, your holding jumps in value to approximately SGD 1,100 (A$1,210). Result: That’s a gross gain of SGD 100, or +10% on your investment (excluding minor fx costs and taxes).

Trading via CFD

CFDs (Contracts for Difference) let you trade Lendlease share price movements without owning the underlying stock. CFDs enable you to use leverage (often up to 5:1 for major stocks), meaning you can control a larger position with a smaller capital outlay. However, you pay a spread (the difference between buy/sell prices) and may incur overnight financing costs if you hold positions for more than a day.

Example

With SGD 1,000, and 5x leverage, you take a CFD position with market exposure of SGD 5,000.

Gain scenario: If Lendlease shares increase 8%, your position rises 8% x 5 = 40%. Result: You make a profit of SGD 400 on your SGD 1,000 margin (before spread and overnight costs).

Final Advice

Before investing, it’s essential to compare each broker’s fees and trading conditions, as these can significantly affect your returns. Examine factors like brokerage commissions, spreads, minimum deposit requirements, and regulatory status. Ultimately, your choice should match your investment objectives: long-term value and dividends may suit direct spot purchases, while CFDs better serve those seeking short-term opportunities and greater flexibility. Find a detailed broker comparison below to help you make an informed, confident decision.

Our 7 tips for buying Lendlease stock

The latest news about Lendlease

Lendlease's strategic repositioning and recent asset sales boost its focus on investment management growth.
In the past week, Lendlease completed the sale of its UK construction business to Atlas Holdings, a move consistent with its ongoing restructuring to exit lower-margin, higher-risk construction activities and emphasize its core strength in investment and asset management platforms. This pivot is expected to provide more stable, higher-margin recurring income and has been positively received by regional analysts, particularly as it aligns with rising demand for institutional-grade real estate products in Asia, including Singapore.

Half-year financial results show a marked turnaround with stronger EBITDA and operating profit growth.
The company’s February 2025 half-year release revealed a 39% surge in operating EBITDA to A$375 million and a significant rebound in post-tax operating profit, reflecting successful cost optimizations and early results from its streamlined, capital-light business model. This improvement is notable for Singapore-based analysts and investors, with Lendlease’s flagship properties and ongoing mixed-use developments in Singapore—including the Paya Lebar Quarter and Parkway Parade—contributing actively to group earnings and delivering operational stability.

Local market sentiment in Singapore remains constructive amid robust urban regeneration and development pipelines.
Lendlease’s established presence and strong brand with projects such as the Jem retail and office precinct continue to anchor its reputation in the region. The company’s focus on urban regeneration and sustainability is in step with Singapore’s Smart Nation and green building aspirations, which has enhanced its attractiveness to both local institutional investors and end users.

Technical signals indicate stabilization after recent declines, with a value-oriented setup developing.
While Lendlease stock remains below all major moving averages, the recent bounce of 3.64% over the past week and the neutral RSI (49.56) have signaled to local market watchers that the worst of the negative momentum may be abating. The company is currently trading at just 0.73 times book value and offers a 2.88% dividend yield, a combination that is drawing attention from value-oriented investors in Singapore seeking both capital appreciation potential and dividend income amid volatile global property markets.

Consensus outlook is stable with price targets suggesting attractive upside for Singapore investors.
Major brokerage consensus for Lendlease remains “Hold,” but with a target price of A$6.98—a roughly 30% premium to current levels. Singapore-based analysts are highlighting the group’s scalable investment management ambitions and capital recycling strategy as key drivers for future upside. Despite lingering risks tied to property market cycles and execution of the restructuring, the improving fundamentals and high-quality Singapore assets provide a constructive backdrop for medium- to long-term investors in the city-state.

FAQ

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.