Lendlease Global Commercial REIT (LREIT)

Broker's Calls

Maybank Securities initiates ‘buy’ on LREIT, calls it a ‘gem waiting to shine’

Maybank's Krishna Guha has given the REIT a target price of 80 cents.
DBS favours industrial, retail S-REITs this 'red hot summer' as high rates erode DPU - THE EDGE SINGAPORE

Broker's Calls

DBS favours industrial, retail S-REITs this 'red-hot summer' as high rates erode DPU

This cut would be more keenly felt in the US office, China Retail S-REITs and selected commercial subsectors, says DBS.

Digital Economy

Lendlease and Optus sign multi-year tech partnership

The latest partnership between both companies comes after Lendlease partnered with Singtel in 2022 to redevelop its Singapore HQ.

REITs

LREIT to acquire stake in Parkway Parade for $88.9 mil

The acquisition is expected to be accretive to LREIT’s DPU on a pro forma basis.

STI watch

Opportunities abound in Singapore market after STI correction in May: DBS

FEHT, CDLHT, LREIT, DFI Retail and CDL are the stocks to look at for bargains after their corrections.

Broker's Calls

Analysts remain positive on LREIT’s portfolio after improving retail operations in 3QFY2023 update

On May 9, LREIT reported an overall portfolio committed occupancy of 99.8% as at March 31, unchanged q-o-q.

Broker's Calls

PhillipCapital resumes coverage of Lendlease Global Commercial REIT at 36.9% upside

One analyst expects LREIT to declare FY2023/2024 DPUs of between 4.63 and 4.78 cents.
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