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.
New Shaw Tower to become high-tech workspace: Lendlease
The construction of the 200-metre tower is seen to be completed in 2025.
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’s net profit dips 2.5% YoY to $29.6m in H1 FY2022
The decline was offset by lower property operating expenses.
Lendlease Global Commercial REIT portfolio occupancy stays strong at 99.8%
LREIT also recorded a 90% tenant retention rate for the mall.
Lendlease opens its first senior living community in China
Ardor Gardens - Yi Pu Hui is its flagship community in the country.
Lendlease taps Google Cloud for modernisation
The move's main objective is to optimise its digital process.
Lendlease’s csuites reach full occupancy
Its AAA office towers attained almost 100% occupancy.
Lendlease commences call for entries for reimagining of Somerset events space
The project is done in partnership with Singapore Tourism Board and TYC.
LREIT income rose 33.5% YoY to S$27.6m in H1
Its gross revenue also rose 8.5% YoY to S$37m.
How can malls, retailers improve waste management?
Lendlease and WWF-Singapore recommend using technology and encouraging wider participation of customers and tenants.
Lendlease Global Commercial REIT boosts stake in Jem by 31.8%
Lendlease plans to acquire a $159.1m stake in Lendlease Jem Partners Fund Limited.
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