Leighton Holdings has confirmed it is considering selling its John Holland, property and services business as chief executive Marcelino Fernandez Verdes announced plans to create four core businesses.

Leighton will establish dedicated businesses focused on construction, mining, public private partnerships and engineering, similar to the model Mr Fernandez Verdes has implemented at its controlling shareholder, Hochtief.

As part of its "strategic blueprint," Leighton is considering options for its John Holland, property and services businesses, including their potential sale or introducing new partners.

"As part of this process we have engaged external advisors and will be having discussions with potential investors," said Mr Fernandez Verdes, who stepped into the top job in March.