 | Morgan Stanley assumes ownership of the majority of the US Real Estate Investments Equity Advisory Business, including Prime Property Fund and separate client accounts. |
 |  |
 | Ronald W Oakley appointed Chief Executive Officer of Lend Lease in the US. |
| |
 | Debut Services, a consortium comprising Bovis Lend Lease and Babcock Infrastructure Services Group, appointed preferred bidder to lead £500 million South West Regional Prime contract for the UK Ministry of Defence. |
| |
 | Lend Lease forms a joint venture with General Property Trust to implement a staged redevelopment on the site of Twin Waters Resort, on Queensland’s Sunshine Coast. |
| |
 | Actus Lend Lease selected by the US Air Force as developer for its Hickam Air Force Base Housing Privatization Initiative project in Hawaii. |
| |
 | NSW State Government announces the Lend Lease and General Property Trust joint venture as the successful partner with the Department of Infrastructure, Planning and Natural Resources and Landcom to deliver the Rouse Hill Regional Centre in Sydney’s north-west corridor, valued at over A$1 billion. |
| |
 | Adrian Chamberlain appointed Chief Executive Officer of Lend Lease in the Europe, Middle East & Africa region. John Spanswick appointed Chairman and Chief Executive Officer of Bovis Lend Lease in this region. |
| |
 | Lend Lease acquires the Hyatt Regency Coolum Resort on Queensland’s Sunshine Coast. |
| |
 | The Rabobank Group purchases Lend Lease Agri-Business for approximately US$45 million. |
| |
 | Lend Lease sells its 23% interest in IBM Global Services Australia Limited to IBM Australia Limited for A$160 million. |
| |
 | Finance Director, Robert Tsenin, retires from the Board, effective 31 August 2003. Joanne Curin appointed to succeed Mr Tsenin. Ms Curin commenced with the company and joined the Board as Finance Director on 8 September 2003. |
| |
 | Wachovia Corporation signed agreement to purchase Lend Lease Mortgage Capital for approximately US$42.5 million. Transaction expected to conclude by December 2003. |
| |
 | Actus Lend Lease selected by the US Army as preferred developer to continue exclusive negotiations for the US$5.1 billion development of military homes and communities in Hawaii. |
| |
 | Lend Lease completes agreement for a management buy-out of the Holliday Fenoglio Fowler business for US$10 million. |
| |
 | Lend Lease sells its 50% interest in the TresAguas retail centre in Madrid for approximately €28 million (A$50 million). |
| |
 | Lend Lease announces a further write-down of up to US$300 million of its US Real Estate Investments business. |
| |
 | Jill Ker Conway steps down as Chairman and Director of Lend Lease, and non-executive director David Crawford is appointed Chairman. |
| |
 | Lend Lease sells Housing and Community Investing business to Municipal Mortgage & Equity for approximately US$102 million. |
| |
 | Lend Lease acquires Twin Waters Resort on Queensland’s Sunshine Coast. |
| |
 | Lend Lease sells the US based CapMark Services, debt advisory group, program lending and the North American debt management businesses to GMAC Commercial Mortgage for approximately US$103 million. |
| |
 | Lend Lease achieves outline planning consent from the London Borough of Greenwich for the £5 billion redevelopment of Greenwich Peninsula over 20 years. |
| |
 | Actus Lend Lease and the Department of the Navy sign 50-year US$1 billion agreement to develop and manage military housing communities in South Carolina, US. |
| |
 | David Higgins retires as an Executive Director of Lend Lease, effective 31 January 2003. |
| |
 | Lend Lease announces US$300 million write-down of its US Real Estate Investments business. |