| 2003 |  |  | Morgan Stanley assumes ownership of the majority of the US Real Estate Investments Equity Advisory Business.
 |
| | | The Rabobank Group purchases Lend Lease Agri-Business in USA.
|
| | | Wachovia Corporation signs an agreement to purchase Lend Lease Mortgage Capital in USA.
|
| | | Lend Lease completes agreement for a management buy-out of the Holliday Fenoglio Fowler business in USA.
|
| | | Lend Lease sells the US based CapMark Services to GMAC Commercial. |