The declines were mainly due to the divestment of Jem’s office component. Revenue was also impacted by the exit of Cathay Cineplexes during the period. Cathay Cineplexes has since been replaced by Shaw Theatres, which began operations in November 2025.
Lendlease Global Commercial REIT (LREIT) has reported a distribution per unit (DPU) of 1.85 cents for the 1HFY2026. The DPU includes an advance distribution of 1.3305 cents for the period from July 1 to Nov 13, 2025.
Gross revenue for the six months ended Dec 31, 2025, fell by 1.6% y-o-y to $101.9 million while net property income (NPI) also fell by 1.2% y-o-y to $74 million.
