Lendlease Global Commercial REIT

Lendlease Global Commercial REIT is a Singapore real estate investment trust established with the principal investment strategy of investing, directly or indirectly, in a diversified portfolio of stabilised income-producing real estate assets located globally, which are used primarily for retail and/or office purposes.

See below for the Latest Lendlease Global Commercial REIT News, Analysis, Profit Results, Share Price Information, and Commentary. 

Lendlease REIT occupancy at 99.7% in Q1 FY23

Its retail portfolio’s occupancy was at 99.3%.

Lendlease REIT occupancy at 99.7% in Q1 FY23

Its retail portfolio’s occupancy was at 99.3%.

Are S-Reits with exposure to Europe safe from Euro depreciation?

UOBKayHian advises to maintain buy for six Reits whilst hold for one Reit.

Lendlease Global Commercial REIT becomes first S-REIT to achieve net zero target

Amongst efforts done by the REIT include a 12% reduction in electricity consumption.

Lendlease Reit net property income up 32.7% YoY in FY22

Its distribution per unit grew 4.9% year-on-year (YoY).

Lendlease designates new head of data centres

Sunita Bottse has more than 10 years of experience building Tier IV data centres.

New Shaw Tower to become high-tech workspace: Lendlease

The construction of the 200-metre tower is seen to be completed in 2025.

Lendlease logs almost 100% occupancy due to high quality tenants

It also reported a healthy retention rate of 71.1%.

Lendlease Global Commercial REIT raises S$249m in preferential offering

The company noted the offering was oversubscribed by about 1.4 times.

Lendlease REIT’s 2022 perpetual securities market priced at $200m

This was on the back of strong demand from investors.

Lendlease REIT issues around 551 million new units

The issue price was placed at $0.7250 per unit.

Lendlease Global Commercial REIT's private placement subscribed 3.3 times

It sees an upsize to $400m from an initial size of $325m.

Lendlease REIT secures $860m sustainability-linked loan

The loan is the biggest amongst REITs in Asia.

Lendlease REIT to acquire the remaining interest in Jem for $2.079b

This will result in the REIT owning a direct 100% stake in the property.

Lendlease Global Commercial REIT portfolio occupancy stays strong at 99.8%

LREIT also recorded a 90% tenant retention rate for the mall.