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 Global REIT boosts NPI by 7.4% with strong mall performance
The REIT also credited NPI growth to supplementary rent from Sky Complex.
Lendlease Global REIT boosts NPI by 7.4% with strong mall performance
The REIT also credited NPI growth to supplementary rent from Sky Complex.
Lendlease Global Commercial REIT’s committed occupancy rises to 88.8% in Q3
The increase was backed by the Sky Complex.
SREITs’ retail, office, hospitality saw strong recovery in Q4 2023: analyst
Hospitality and retail will continue to benefit from visitor arrivals and domestic spending.
Lendlease Global Commercial REIT’s NPI soars 22.2% YoY to $93.4m in 1H24
Despite higher NPI, the REIT declared a lower DPU of $0.0210.
Lendlease restructures lease at Sky Complex in Italy
Under the new lease, the starting annual rent for two buildings in the complex will be 1.5% higher.
Lendlease Global Commercial REIT’s portfolio occupancy hits 99.9% in 1Q24
It also reported a long weighted average lease expiry of eight years by net lettable area.
Lendlease Global Commercial REIT’s doubles net property income in FY23
It recorded an NPI of $153.9m during the period.
Lendlease Global Commercial REIT receives award for transformational acquisition of Jem
LREIT achieved multiple milestones when the deal was completed.
Lendlease REIT portfolio occupancy stays up at 99.8% in 3Q FY23
The Manager recorded a 99.5% retail occupancy rate on 31 March.
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).
LREIT makes it to Singapore Governance and Transparency Index Top 10
It ranked 10th with a score of 94.8.
Lendlease Global CREIT bags $100m sustainability-linked term loan facility
Proceeds will be used to refinance a loan due in FY23.
Lendlease designates new head of data centres
Sunita Bottse has more than 10 years of experience building Tier IV data centres.