Lendlease Group is trading 5.51% up at A$2.49 as Australian real estate stocks rallied after the Reserve Bank raised rates but signaled a potentially cautious path ahead.
- The sector rose 2.88%, and peers Stockland and Scentre also gained.
- Lendlease announced completion of its Exhibition Place build-to-rent tower in Brisbane on November 2. Reports also noted no market-sensitive ASX announcement on November 3; available evidence does not establish the tower completion as the direct cause of the rise.