Daily BriefsSingapore

Daily Brief Singapore: Lendlease Global Commercial REIT and more

In today’s briefing:

  • Lendlease Global Commercial REIT (LREIT SP) – Growing Through a Sustainable Global Lens


Lendlease Global Commercial REIT (LREIT SP) – Growing Through a Sustainable Global Lens

By Angus Mackintosh

  • A Smartkarma Corporate Webinar | Lendlease Global: Sustainable Returns Through High-Quality Assets revealed a global commercial REIT with high-quality retail and office properties in Singapore and Italy.
  • LREIT saw rental reversions of +16.3% YoY in its 1Q2024 with a portfolio committed occupancy of 99.9% and a weighted average lease expiry of 8.0 years by NLA.
  • Management remains optimistic about the coming year with a strong capital position, a high level of sustainably linked finance, a low cost of debt, and an eye on potential acquisitions.

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