Lease expiry profile as at Sept 30 was 7.9% and 11.6% of gross rental income is due for renewal in FY2026.
The manager of Lendlease Global Commercial REIT (Lendlease REIT) has announced its 1QFY2026 ended Sept 30 business updates, which saw portfolio occupancy improving to 95%.
The REIT’s retail portfolio had an occupancy rate exceeding 99%; occupancy at the Milan office portfolio increased to 88.5% from 81.6% in June 2025, supported by active leasing efforts at Building 3.
