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Analysts maintain ‘buy’ on Lendlease REIT following 3QFY2026 business update

Teo Zheng Long
Teo Zheng Long • 3 min read
Analysts maintain ‘buy’ on Lendlease REIT following 3QFY2026 business update
LREIT has secured a two-year electricity contract at a lower rate for its Singapore portfolio effective July 1. Photo: Albert Chua/The Edge Singapore
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Analysts are keeping their respective “buy” calls on Lendlease Global Commercial REIT (LREIT) (SGX:JYEU) following its 3QFY2026 ended March business update.

In his May 20 report, UOB KayHian’s Jonathan Koh says that LREIT’s tenant retention rate remains healthy at 72.9% excluding the recent exit of Cathay Cineplexes from Jem.

Meanwhile, amid worries over higher energy costs, the REIT has secured a two-year electricity contract at a lower rate for its Singapore portfolio effective July 1.

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