Lendlease Global Commercial REIT (LREIT)

Digital Economy

Lendlease and Optus sign multi-year tech partnership

The latest partnership between both companies comes after Lendlease partnered with Singtel in 2022 to redevelop its Singapore HQ.

REITs

LREIT to acquire stake in Parkway Parade for $88.9 mil

The acquisition is expected to be accretive to LREIT’s DPU on a pro forma basis.

STI watch

Opportunities abound in Singapore market after STI correction in May: DBS

FEHT, CDLHT, LREIT, DFI Retail and CDL are the stocks to look at for bargains after their corrections.

Broker's Calls

Analysts remain positive on LREIT’s portfolio after improving retail operations in 3QFY2023 update

On May 9, LREIT reported an overall portfolio committed occupancy of 99.8% as at March 31, unchanged q-o-q.

Broker's Calls

PhillipCapital resumes coverage of Lendlease Global Commercial REIT at 36.9% upside

One analyst expects LREIT to declare FY2023/2024 DPUs of between 4.63 and 4.78 cents.
Lendlease Global Commercial REIT enters facility agreement for loans of up to EUR300 mil - THE EDGE SINGAPORE

REITs

Lendlease Global Commercial REIT enters facility agreement for loans of up to EUR300 mil

Its trustee has entered into a facility agreement for senior unsecured sustainability-linked term and revolving credit facilities.

Broker's Calls

CGS-CIMB ups Lendlease REIT’s TP to 90 cents on the back of higher earnings forecasts and lower COE

The analysts at CGS-CIMB see both organic and inorganic growth opportunities for the REIT.
Analysts see Lendlease 'emerging as a dominant retail play' after 1HFY2023 DPU beat expectations - THE EDGE SINGAPORE

Broker's Calls

Analysts see Lendlease 'emerging as a dominant retail play' after 1HFY2023 DPU beat expectations

The analysts have kept their target prices unchanged ranging from 78 cents to $1.
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