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(Reuters) - Australia's Lendlease on Monday said its annual loss widened as the real estate developer faced the brunt of a major shift in operational strategy amid a delay in the corporate regulator's review on a sale of community projects.
The country's largest property developer reported a full year loss after tax attributable of A$1.50 billion ($1.00 billion) as compared to a loss of A$232 million a year ago.
($1 = 1.4948 Australian dollars)
(Reporting by Rishav Chatterjee in Bengaluru; Ed...
>>> Read more: Lendlease reports $1 billion loss amid strategy shift, regulatory delays
The country's largest property developer reported a full year loss after tax attributable of A$1.50 billion ($1.00 billion) as compared to a loss of A$232 million a year ago.
($1 = 1.4948 Australian dollars)
(Reporting by Rishav Chatterjee in Bengaluru; Ed...
>>> Read more: Lendlease reports $1 billion loss amid strategy shift, regulatory delays
