Landlease Global Commercial REIT (LREIT)

UOBKH adds CSE and LREIT to April’s alpha picks; removes MINT, Civmec and Food Empire - THE EDGE SINGAPORE

Broker's Calls

UOBKH adds CSE and LREIT to April’s alpha picks; removes MINT, Civmec and Food Empire

UOBKH adds CSE and LREIT to April’s alpha picks; removes MINT, Civmec and Food Empire
UOBKH adds OCBC, Lendlease REIT, Aztech and SembMarine to Alpha Picks, takes profit on Genting Singapore - THE EDGE SINGAPORE

Broker's Calls

UOBKH adds OCBC, Lendlease REIT, Aztech and SembMarine to alpha picks, takes profit on Genting Singapore

UOBKH adds OCBC, Lendlease REIT, Aztech and Sembcorp to Alpha Picks, takes profit on Genting Singapore

Results

Lendlease Global Commercial REIT announces DPU of 2.45 cents for 1HFY2023

Distributable income rose 95.9% y-o-y to $56 million in 1HFY2023.
LREIT a 'hidden gem' with potential to emerge as strong contender within the retail S-REIT space: DBS - THE EDGE SINGAPORE

Broker's Calls

LREIT a 'hidden gem' with potential to emerge as strong contender within the retail S-REIT space: DBS

The analysts see further room for expansion in reversionary rents and expect passing rents to further recover in the coming FY.

REITs

Lendlease Global Commercial REIT to raise $573.8 mil through private placement

The REIT is looking at an issue price range of 72.5 cents to 74 cents per unit under the private placement.

Broker's Calls

Jem acquisition enhances portfolio resilience, say analysts

Analysts from CGS-CIMB and UOB Kay Hian have given LREIT target prices of 95.4 cents and $1.08 respectively.
Lendlease Global Commercial REIT posts 2.6% higher 1HFY2022 DPU of 2.40 cents - THE EDGE SINGAPORE

Results

Lendlease Global Commercial REIT posts 2.6% higher 1HFY2022 DPU of 2.40 cents

The higher DPU was due to the higher distributable income in 1HFY2022, which grew 3.8% y-o-y to $28.6 million.
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