Lendlease

The alternative asset manager, which recently disclosed a 4 per cent stake in Lendlease, says the multinational construction company will need to quickly de-lever its balance sheet to turn around three decades of “disappointing” shareholder returns.

The ethical money manager says Lendlease failed to provide information required to independently assess the impact of its planned development in Mount Gilead, an area deemed critical to the survival of a resident koala colony.