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.

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 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).

Lendlease designates new head of data centres

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