A new development along Somerset is set to enlarge the dominance of 313@somerset mall and the profile of its owner Lendlease Global Commercial REIT (LREIT), with acquisitions on the horizon expected to boost DPU (distribution per unit), says DBS Group Research.  Analyst Derek Tan likens the REI...

CGS-CIMB has called Lendlease Global Commercial Reit an undervalued real estate investment trust (Reit), initiating coverage with "add" and a target price of S$0.85.

Singapore is still in Phase 2 of reopening the economy and businesses are slowly getting used to the new normal and are adapting well. This is apparent especially with the local REITs, as analysts are gaining more confidence in the sector and are venturing out of their safe zone to invest more in ot...

The manager of Lendlease Global Commercial REIT (LREIT) has appointed Lendlease Italy SGR S.p.A. to be the alternative investment fund manager for Lendlease Global Commercial Italy Fund. The fund holds Sky Complex in Milan, Italy. Lendlease SGR, which is a member of the Lendlease Group replaces REAM...

As shoppers appear to be flocking back in search of attractive bargains, the performance of real estate investment trusts (REITs) that own suburban malls is likely to improve, according to DBS Group Research. This has led the brokerage to select Frasers Centrepoint Trust (FCT), CapitaLand Mall Trust...

Uploaded By:  Nathanielle Punay Submitted By:  Nathanielle Punay Case Study:  No It posted lower...

LENDLEASE Global Commercial Reit (Lendlease Global Reit) on Tuesday posted a distribution per unit (DPU) of 0.48 Singapore cent for its fourth quarter ended June 30, 62.7 per cent lower than the manager's initial public offering (IPO) forecast of 1.28 cents. 

The manager of Lendlease Global Commercial REIT (LREIT) has reported a distribution per unit (DPU) of 0.48 cents for 4Q20 ended June, 62.7% below its IPO forecast of 1.28 cents. The lower-than-forecasted DPU was mainly due to the rent waivers given to the REIT’s retail tenants. Distributable incom...

SINGAPORE (July 16): Singapore is well into Phase 2 of reopening the economy and social distancing restrictions are gradually easing. With that, UOB Kay Hian is keeping its “overweight” rating on the Singapore REITs (S-REITs) sector. Compared to the previous week, UOBKH S-REIT Index retraced mar...

SINGAPORE (July 2): As daily new confirmed cases reached 80,000 in the US last week, the UOB Kay Hian Singapore REIT (S-REIT) Index corrected 0.8% week-on-week to 247.7 in the same week. Analysts Jonathan Koh and Peihao Loke remain unfazed at the correction. In fact, they see it as an opportunity to...