DISCLAIMER The information and data contained in this brochure has been prepared by Lend Lease solely as a guide

and does not constitute advice. Whilst every effort has been made to provide accurate and complete information, the information contained in this brochure has been prepare in good faith and with due care, and no representation or warranty (express or implied) is made as to the accuracy, adequacy or reliability of any statements, estimates, opinions, plans, diagrams or other information contained in this brochure. Lend Lease reserves the right to change the contents of this brochure at any time. To the maximum extent permitted by law, Lend Lease and its related bodies corporate and respective directors, ofcers, employees, agents and advisers disclaim all liability and responsibility (including without limitation any liability arising from fault or negligence) for any direct or indirect loss, damage, cost or expense which may suffered through the use of or reliance on anything contained in or omitted from the information contained in this brochure. December 2012

FROM THE IDEAL VISION TO THE PERFECT SOLUTION

Lend Lease Group Head Ofce Level 4, 30 The Bond 30 Hickson Road Millers Point NSW 2000 Australia

www.lendlease.com

05

03

04

At Lend Lease, we work with communities, clients and our colleagues to create positive legacies from funding and managing projects and properties, right though to designing, developing and constructing state of the art precincts, buildings and infrastructure, including hospitals, roads and rail. We also create vibrant residential communities, productive workspaces and retail destinations.

OUR STORY

Companies must start justifying their worth to society, with greater emphasis placed on environmental and social impact rather than straight economics.
This approach to business underpins everything we touch, and can be seen in nearly everything we do the world over. Were not just in the business of property and infrastructure. Were in the business of creating positive legacies. For everybody involved our clients, partners, and the people living in or using our places and spaces every day. This is how we create a future built on sustainable practices and lasting relationships.

ONE HUNDRED FLOORS ONE MILLION STORIES

Dick Dusseldorp, Founder of Lend Lease, 1973. Every single member of our team believes in improving our environment, health and safety practices, making a difference to our communities and reducing our environmental impact. Tomorrow is an exciting chapter, beginning right now.

EVERY DAY, OVER A MILLION PEOPLE AROUND THE WORLD LIVE, WORK OR SHOP IN AN ASSET CREATED BY LEND LEASE

ON SAFETY

PUTTING OUR PEOPLE FIRST

We will never compromise on safety and continually drive best practice and innovation internally. We also recognise and reward those who are leading our journey towards being Incident & Injury Free. UNCOMPROMISING LEADERSHIP To make our Incident & Injury Free vision a reality, we rely not only on having strong safety operating disciplines, but also on the positive behaviours of our people. Our uncompromising leadership approach is embedded across the group. We behave and operate in a manner which ensures we never compromise on safety. SAFETY IN PERFORMANCE Since the introduction of our revised Global Minimum Requirements in 2007, safety performance has improved considerably. We can now see some positive trends including: Substantial decrease in the number of incidents involving fall of person. The circumstance most responsible for serious and fatal incidents. A year on year decrease in Lost Time Incident Frequency Rates (LTIFR) which means fewer injuries and greater productivity.

Lend Lease is committed to operating Incident & Injury Free wherever we have a presence. So its no surprise that safety is always front of mind in everything we do.

IT IS THE FUNDAMENTAL RIGHT OF EVERY HUMAN BEING TO WORK WITHOUT FEAR OF INJURY AND RETURN HOME SAFELY

GOLD COAST UNIVERSITY HOSPITAL, GOLD COAST, AUSTRALIA

* FINANCIAL YEAR JULY 2010 JUNE 2011

OUR VISION

FORECASTING GROWTH, FORETELLING TRENDS

Our aim is to be the leading international property and infrastructure group.
This statement guides and drives every single project we are a part of, big and small. Focusing on our portfolio and our four core regions, Australia, Asia, Americas and Europe, Middle East, Africa (EMEA), were working closely with clients, investors and communities to realise the maximum value of the unique combination of our businesses. Establishing long-term partnerships with governments around the world is also crucial in helping us deliver major social infrastructure projects and create places to be enjoyed and celebrated both today and for future generations.

SUSTAINABILITY Governments around the world are responding to climate change and providing more support for sustainability initiatives Energy costs are likely to increase, creating demand for alternative energy sources and energy efcient solutions

OUR STRATEGY IS UNDERPINNED BY FIVE KEY GROWTH TRENDS: AGEING POPULATION Australian population aged 65+ is expected to grow by 69 per cent over the next 15 years Demand for retirement homes and associated services will increase rapidly

INFRASTRUCTURE Urbanisation and resources growth is creating pressure on governments to deliver extensive social and economic infrastructure FUNDS GROWTH Public Private Partnerships will be a selectively used delivery model for infrastructure projects

URBAN REGENERATION By 2030, more than 60 per cent of the worlds population will live in urban areas The increasing urban density is creating strong demand for urban regeneration
UNITED NATIONS WORLD POPULATION PROSPECTS: THE 2008 REVISION ABS 3222.0 POPULATIONS PROJECTIONS, AUSTRALIA

Capital from sovereign wealth funds is expected to increase with a portion being allocated to the property asset class Institutional capital will continue to increase, with the global ageing population driving growth in superannuation and pension assets

GLOBAL REACH

INTERNATIONAL REACH, LOCAL PERSPECTIVE

Over 50 years of property and infrastructure experience and in excess of 10,000 completed projects has taken us around the world.
With a core focus in Australia, Asia, the Americas and Europe, Middle East and Africa (EMEA), our diverse range of expertise at every stage of a project allows us to share best practices with our many partners.

OVER US$10.3B OF RETAIL ASSETS UNDER MANAGEMENT AS AT DECEMBER 2011

IN EXCESS OF 10,000 COMPLETED PROJECTS AROUND THE WORLD

OVER 50 YEARS OF PROPERTY AND INFRASTRUCTURE EXPERIENCE

OVER 18,000 EMPLOYEES WORLDWIDE ENGAGED OVER 600,000 SUBCONTRACTORS

12

13

OUR VALUE CHAIN

FROM THE BIG PICTURE TO THE MINUTE DETAIL

WE FIND
Sourcing the best property opportunities

What does it mean to be a leading, fully integrated international property and infrastructure group?

Our clients and investors can choose to leverage our strengths and local expertise at one stage of the property and infrastructure spectrum from Development, Investment Management, Construction, and Asset & Property Management, or partner with us through the complete journey. We also own and co-invest in both property and infrastructure.

Using a truly collaborative approach, we guide clients and investors beyond maximising value toward innovative, sustainable outcomes. No matter what stage of a project, and in key sectors including retail, residential, commercial, and infrastructure such as roads, rail and water, were ready to add expertise and value every step of the way.

WE BUY
Structuring the right deal

WE FUND
Providing the right investment solutions

WE DESIGN
Creating innovative and sustainable property solutions

WE BUILD
Project management, building and engineering with our international construction reach

WE MANAGE
Continually enhancing the value of property over time

DEVELOPMENT

INVESTMENT MANAGEMENT

CONSTRUCTION

SERVICES

OWNERSHIP

PROPERTY

INFRASTRUCTURE

COMPUTER GENERATED IMAGE OF VICTORIA HARBOUR, MELBOURNE, AUSTRALIA

01 ANZ CENTRE, MELBOURNE, AUSTRALIA

02 Jem, JURONG GATEWAY, SINGAPORE

04 ISLAND PALM COMMUNITIES, HAWAII, USA

LOOKING AT PROPERTY

OUTSTANDING DESIGNS, OUTSTANDING RETURNS

Every year sees new and innovative projects, designed to enhance an existing landmark in a community or add a whole new hub of activity to a city.
Our projects span all key sectors. Its this diverse experience around the world that allows us to leverage our skills, and showcase a truly integrated approach. 01 ANZ CENTRE (AUSTRALIA) As the largest single tenanted commercial building in Australia housing 6,500 people, this maritimeinspired design is part of the successful Victoria Harbour waterfront development in Melbourne, Australia. 02 Jem (ASIA) The Jem mixed use development comprises both ofce and retail and is the rst site developed for the Singapore Governments Jurong Gateway 15 year masterplan. It is targeting a Green Mark Platinum Award for sustainability. Upon completion in early 2013, the retail component will become the third largest suburban mall in Singapore. 03 BLUEWATER (EMEA) Bluewater is Europes award-winning retail and leisure destination, covering 149,000 square metres with 330 leading outlets, 50 cafs, bars and restaurants, 13,000 free parking spaces, 20 hectares of parkland and seven lakes. 04 MILITARY HOUSING (AMERICAS) With the US Department of Defense, we oversee the largest share of privatised military housing in the country. Creating environmentally and socially sustainable communities including the United States two largest solar powered communities and largest solar thermal community.

03 BLUEWATER, KENT, UK

OUR KEY PROPERTY SECTORS INCLUDE: COMMERCIAL INDUSTRIAL RESIDENTIAL RETAIL RETIREMENT

URANQUINITY POWER STATION, NSW, AUSTRALIA

ST. FRANCIS MILLENNIUM MEDICAL OFFICE, GREENVILLE, USA

ANZAC BRIDGE, SYDNEY, AUSTRALIA

LOOKING AT INFRASTRUCTURE

LAYING BASES, CONNECTING PLACES

Infrastructure has always been a part of Lend Lease. Our capabilities in this sector strengthened with our acquisition in 2011 of a A$1 billion infrastructure business in Australia. This business includes Abigroup and Baulderstone.
In Australia, we deliver market-leading engineering solutions for infrastructure construction across a wide range of sectors, including roads, rail, water, energy, marine and ports. We also offer specialist expertise in infrastructure asset maintenance and industrial maintenance services. Across our markets, weve become a valued partner for both government and private projects. We provide infrastructure development services in Australia, the UK and the USA, in areas such as education, health, accommodation, defence and waste management. Through leveraging various procurement models including Public Private Partnerships, we have shaped many industries globally.

OUR KEY INFRASTRUCTURE SECTORS INCLUDE: EDUCATION HEALTH MARINE AND PORTS ROADS AND BRIDGES WATER

SKYLINE
INVESTMENT MANAGEMENT

MILLENNIUM ARTS AT THE QUEENSLAND CULTURAL CENTRE, BRISBANE, AUSTRALIA

FROM SKYLINE TO BOTTOM LINE

Relationships are everything, and our 50 year-strong investment management team is a world-class example of this.
Our focus has always been on building long-term sustainable relationships with investors. And our competitive advantage is that we dont outsource. We use our own retail development and property management, research, project management and construction skills. Always hands on. Always three steps ahead.

A TRUSTED INVESTMENT PARTNER

TRACK RECORD OF COLLABORATING WITH GLOBAL AND LOCAL CLIENTS

+
PROVEN PROPERTY AND INFRASTRUCTURE EXPERTISE AND GLOBAL PIPELINE

+
FLEXIBLE AND CREATIVE CAPITAL APPROACH

=
SUPERIOR INVESTMENT PERFORMANCE

A$12.3 BILLION
OF FUNDS UNDER MANAGEMENT AS AT 30 JUNE 2012

A$507M
IN OPERATING PROFIT AFTER TAX AS AT 30 JUNE 2012 ON PERFORMANCE

FROM CITY STREETS TO BALANCE SHEETS

Performance is our biggest motivator. And its measured in many forms.
Beyond a doubt, increases in nancial returns and asset values are critical to all stakeholders. We had a strong year in 2012 with operating prot after tax of A$507 million. We have maintained a strong nancial position which enables us to fund our development pipeline and invest in new strategic opportunities. Equally though, performance is about the talents of our people and what value and expertise they can offer our clients. Our world-class reputation is built on world-class performances and we bring this commitment to all projects, big and small. We deliver on our promises and were always looking for a better way.

YPF NEW CORPORATE BUILDING, BUENOS AIRES, ARGENTINA

OUR TEAM

INDIVIDUAL EFFORTS, UNITED FORCE

A particularly rewarding aspect of being an international company is witnessing the collaborative efforts of our people.
Our talented people bring their global experience to local communities all over the world. Outside our immediate team, we value our ongoing relationships with local communities and governing bodies. They demonstrate our spirit of open collaboration and show that a true team effort is hugely rewarding for everyone involved, having a tangible positive impact on our communities. BeOnsite, UK Were proud of our economically sustainable, not for prot organisation, BeOnsite in the UK. It addresses skill shortages in the construction industry by providing on-the-job, employer-led training. Helping link local people to construction and retail employment. MILLERS POINT YOUTH & EMPLOYMENT PARTNERSHIP (MPYEP), SYDNEY, AUSTRALIA We helped facilitate this unique, community-inspired public and private partnership in November 2003. With 13 diverse parties involved, it was developed out of recognition that more could be achieved for the young people of the area and their families through acting collaboratively, creating a sustainable, positive and progressive community.

THE GAUGE, MELBOURNE, AUSTRALIA

ON POSITIVE LEGACIES

FIRST IMPRESSIONS, LASTING LEGACIES

Since the beginning, sustainability has been at the heart of everything we do.
Our projects have a lasting impact on the people and places around them. To make things better than they were. To inspire communities. Help shape skylines. And lead the way in sustainable designs. We are founding members of green building councils in the USA, UK, UAE, Argentina and Australia and have assisted with the establishment of green building councils in Spain, Romania, Netherlands, Poland, Italy, China, Malaysia, New Zealand and South Africa. And recently, we were ranked sixth in the 60 Best Green Companies 2011 in the EMEA region. We aim to build sustainable and green initiatives into every project. Sustainability has always dened the way Lend Lease does business. We consider the environmental, social, ethical and nancial impacts of every decision we make. We strive to do meaningful work that protects our natural environment, supports responsible economic growth and improves the quality of peoples lives.

IN 2001 LEND LEASE WAS THE FIRST AUSTRALIAN PROPERTY COMPANY TO BE INCLUDED ON THE DOW JONES SUSTAINABILITY WORLD INDEX. AND, WEVE BEEN INCLUDED NINE OF THE LAST 10 YEARS.

POSITIVE LEGACIES: SUSTAINABILITY

FROM OLD BUILDINGS TO GREEN BUILDINGS

Sustainability is woven into all of our projects, whether it is the creation of ground breaking, green buildings, or the refurbishment of existing buildings.
Incredibly, 80 per cent of the buildings that will exist in 2030 are already standing today, highlighting the critical importance of greening these old buildings to reduce their environmental impact for the future. 30 The Bond in Sydney, Australia is a shining example of environmental sustainability in a new building design. Incorporating features like natural ventilation, passive chilled beam cooling and fully operable shading on the facades, The Bond has lowered CO2 emissions by 30 per cent compared to typical ofce buildings. It was the rst ofce building in Australia to be accredited 5 stars As Built under the Australian Building Greenhouse Rating system. HM Treasury Building, Whitehall London involved a sensitive restoration of this 100 year-old famous building. We were responsible for the transformation, turning Victorian era corridors and cellular ofces into a 21st century ofce design, while staying true to the architectural heritage. Maximising space and energy efciency won this building a BREEAM Excellent rating, the UK green building certication. SUSTAINABILITY INITIATIVES Leading the Australian industry with the number of as built green buildings Proud builder of the US militarys rst Zero Energy homes First Green Lease launch in Singapore at 313@somerset Created the worlds rst Excellent BREEAMs communities in the UK The establishment in 2011 of a dedicated inhouse sustainability advisory practice, Sustainability Solutions

HM TREASURY, LONDON, UK

POSITIVE LEGACIES: URBAN REGENERATION

Our designs revolve around people and how we can enhance their lives in a positive way.
Were helping shape cities, regenerating urban spaces and setting new benchmarks in community creation. With a commitment to sustainable investment, design and technologies, our urban regeneration projects are leading the way. One such creation is Barangaroo South. A once in 200 year opportunity to create a new harbourfront community for Sydney, Australia. Were working in partnership with the New South Wales Government to regenerate 22 hectares of industrial land to create harbour walkways and a dynamic extension of the city. It will be one of the greenest residential, leisure and business centres in the world. Its this fresh, forward thinking thats leading the charge for a better tomorrow.

NEXT GENERATION THINKING FOR A BRIGHTER FUTURE

A ONCE IN A 200 YEAR OPPORTUNITY

MAJOR ECONOMIC BOOST FOR NEW SOUTH WALES THE NEXT GENERATION IN SUSTAINABILITY A VIBRANT PLACE FOR PEOPLE DESIGN EXCELLENCE A CATALYST FOR NEW TRANSPORT LINKS

BARANGAROO SOUTH, SYDNEY, AUSTRALIA

WHAT NEXT?

EXCITING TIMES INSPIRING SPACES

Tomorrows opportunities are exciting, particularly when you see the latest award-winning sustainable buildings and communities, showcasing the next generation technology and designs. All are making a positive impact on our world. Well never underestimate our role in helping shape the sustainable communities of tomorrow. We have the passion, the leadership and the international expertise, and together with our partners, we can all make a difference. Creating lasting, positive legacies. Its an inspiring future.

DARLING QUARTER, SYDNEY, AUSTRALIA