Lend Lease Primelife reveals OK 2008 and improving 2009 sales

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LLP’s report to institutional investors revealed its sales had declined from 818 ILUs in financial year 2008 to 668 ILUs to June 2009, a drop of just 18%. This compares with reports of up to 40% drop in sales for other operators. In fact their resales have increased from 35 per month in 2008 to 40 per month this financial year with an average sale rate of $298,000, a 10% price growth.