19-05-2025 10:45 via constructionenquirer.com

Ex-Lendlease boss seals £24bn Crown Estate mega sites JV

The Crown Estate has signed a £24bn joint venture with Lendlease to unlock tens of thousands of homes and millions of square feet of commercial space across six major sites in London and Birmingham.
The deal was struck by Crown Estate chief executive Dan Labbad – the former global head of Lendlease Construction – and his old firm’s current group CEO Tony Lombardo.
Lendlease will continue as development manager across the sites, while The Crown Estate brings new financial
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