Lendlease Global Commercial REIT JYEU

Driven by positive momentum in rental growth and disciplined capital managementKey Highlights 2H FY2026 distribution per unit (“DPU”) of 1.85 cents brought full-year DPU to 3.70 cents, representing a full-year increase of 3.0% YoY, supported by recurring earnings from a strong portfolio of operational assets in Singapore.Net property income (“NPI”) grew 6.6% YoY for 2H FY2026 driven by the acquisition of PLQ Mall and performance from the Singapore retail assets, partially offset by the divestmen

Lendlease Global Commercial REIT (SGX:JYEU) has completed the acquisition of the remaining interest in PLQ Mall, achieving full ownership. The REIT has refinanced a portion of its borrowings, securing material savings on debt costs. Recent operating metrics show improved rental performance and higher occupancy across its retail portfolio. Lendlease Global Commercial REIT, trading at around SGD0.565, has been in focus after this series of corporate updates. The unit price is up 25.6% over...

Key Highlights Positive retail rental reversion of 12.2%1 achieved in 3Q FY2026.Positive rental uplift of 1.5%2 for office Building 1 and 2 in Milan, effective from April 2026.Year-to-date tenant sales up 17.6%3 YoY. On a like‑for‑like basis, excluding PLQ Mall, tenant sales also increased 2.5% YoY.Portfolio occupancy improved to 95.3%4 from 94.9%4 in the preceding quarter.Gearing stood at 38.7% as at 31 March 2026.Post quarter-end, S$120 million perpetual securities were issued at 4.28% per ann

Strengthened portfolio through the divestment of Jem office and strategic acquisition of a 70% stake in PLQ Mall, deepens exposure to resilient suburban catchments in Singapore. Key Highlights Lower weighted average cost of debt1 at 2.90% per annum while the interest coverage ratio (“ICR”)2 increased to 1.8 times3.Gearing ratio lowered to 38.4%4 in 1H FY2026.Positive retail rental reversion of 10.4%5 achieved in 1H FY2026.Tenant sales grew 7.2%6 year-to-date. Excluding the inclusion of PLQ Mall,

Key Highlights Following the acquisition, Singapore will represent 89% of the portfolio – reinforcing geographic focus while enhancing income stability and portfolio resilience.Prime location with excellent connectivity to support long-term income growth.Agreed property value of S$885.0 million represents approximately 2.1% discount on its latest valuation.Post acquisition, gearing will be 38.3% on a pro forma basis.Distribution per unit to increase by 2.5% on a pro forma basis. SINGAPORE, Nov.

Key Highlights Divestment of Jem office is expected to complete by 12 November 2025. Upon completion, approximately S$8.9 million1 gain on disposal will be available for distribution to Unitholders.Retail portfolio achieved positive rental reversion of 8.9%2.Portfolio occupancy improved to 95.0%3,4 driven by active leasing efforts at Building 3 in Milan.Weighted average cost of debt improved to 3.09% p.a. (vs. 3.46% p.a as at 30 June 2025).Inclusion in iEdge Singapore Next 50 Index enhances glob