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Lendlease to establish S$40M product development centre in Singapore
International property group Lendlease has announced, during its inaugural Autonomous Building Summit, that it will set up a S$40 million product development centre in Singapore, with the support of the Singapore Economic Development Board (EDB), to accelerate the digital transformation of the property and construction sector.
Slated to open by October, the centre will employ 50 technology software application development talents in the first year and will continue to expand the team in the next few years. At least one in five will be aspiring graduates who are keen to be part of the industry’s transformation. Lendlease’s digital arm will seek out top local tech talents, including Singapore citizens and permanent residents.
The Singapore product development centre is part of the wider Lendlease Digital ecosystem, which includes product development centres in Silicon Valley and Sydney. Using an Agile working methodology – a project management framework for teams to iteratively and incrementally complete tasks and projects, Lendlease is creating a scalable supply chain and integrated logistics software platform for property development and construction projects in Singapore and globally.
Lendlease’s new product development centre will introduce a suite of digital products and services leveraging its recently launched digital property lifecycle platform, Lendlease Podium, aimed at simplifying interdependencies in the real estate industry.