At this level, LREIT’s annualised distribution yield stands at 5.85% - slightly higher than the 5.81% forecasted.
SINGAPORE (May 5): Lendlease Global Commercial REIT (LREIT) has reported a distribution per unit of 1.28 cents for 3QFY2020 ended March, 0.7% above its forecast of 1.27 cents. Distributable income of $15.0 million was 0.2% above its forecast of $14.9 million.
Year-to-date ended March 31, LREIT reported a DPU of 2.57 cents, 1.9% higher than its forecast, and a distributable income of $30.0 million, 1.3% higher than expected.
