Net property income for the same period was up $45.9 million, up 72.9% y-o-y, driven by contributions from newly-acquired stake in the Jem mall as well as better operating numbers at 313@Somerset, its other key asset.
Lendlease Global Commercial REIT has announced a distribution per unit of 2.45 cents for its 2HFY2022 ended June, bringing full year distribution to 4.85 cents.
The 2HFY2022 dpu, which includes the advanced distribution of 1.1371 cents for the Jan 1 to March 30 period, was up 4.9% y-o-y.
