Lendlease Global Commercial REIT (LREIT)

REITs

Lendlease Global Commercial Italy Fund restructures lease at Sky Complex to lower tenant concentration risk

The lease restructuring is not expected to materially impact LREIT’s distribution and NAV for the FY2024.

Broker's Calls

UOBKH maintains 'overweight' rating on S-REITs after seeing 'healthy signs' that inflationary pressures have moderated

Analyst Jonathan Koh keeps his buy call on CDLHT, FCT, FEHT, KREIT, LREIT and MINT.

Results

LREIT posts positive retail rental reversion of 16.3% in 1QFY2024

Tenant sales continued to trend above pre-Covid average levels and registered a growth of 4.6% y-o-y in 1QFY2024.

Right Timing

Technicals versus fundamentals highlight poor sentiment surrounding acquisitions

Price action suggests investors don't like acquisitions or hints of acquisitions in this part of rate cycle

Broker's Calls

Brokers’ Digest: Hong Leong Asia, Lendlease REIT, Suntec REIT, Frencken, Venture

See what the analysts have to say this week.

Broker's Calls

Recent sell-down in Lendlease Global Commercial REIT ‘unwarranted’, says DBS

DBS has kept its "buy" call and target price of 90 cents on the REIT.

Broker's Calls

Maybank Securities initiates ‘buy’ on LREIT, calls it a ‘gem waiting to shine’

Maybank's Krishna Guha has given the REIT a target price of 80 cents.
DBS favours industrial, retail S-REITs this 'red hot summer' as high rates erode DPU - THE EDGE SINGAPORE

Broker's Calls

DBS favours industrial, retail S-REITs this 'red-hot summer' as high rates erode DPU

This cut would be more keenly felt in the US office, China Retail S-REITs and selected commercial subsectors, says DBS.
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