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Sustainability
LREIT becomes first S-REIT to attain net zero carbon target
Units in LREIT closed 1 cent lower or 1.21% down at 82 cents on Aug 29.
August 29, 2022
Broker's Calls
CGS-CIMB maintains 'buy' call on Lendlease REIT, but cuts target price and DPU forcasts
The acquisition of Jem has been "accretive" for the REIT's results, says CGS-CIMB.
August 11, 2022
Environmental, Social and Governance
LREIT secures $100 million sustainability-linked loan
Sustainable financing now accounts for more than 60% of the REIT's borrowings
July 26, 2022
REITs
Lendlease REIT raises $648.8 mil from equity fund raising; preferential offering 1.4 times subscribed
Refunds for unsuccessful applications will be made within three working days after the trading of the new units starting April 21
April 15, 2022
REITs
Lendlease Global REIT upsizes perps issue to $200 mil
On Feb 14, LREIT announced plans to acquire its remaining interest in Jem for $2.08 billion.
April 04, 2022
Broker's Calls
UOB Kay Hian adds Lendlease REIT to its alpha picks portfolio, removes Ascendas REIT, SGX, Hong Leong Asia
The team has identified two re-rating catalysts to LREIT and has kept “buy” on LREIT with an unchanged target price of $1.01.
September 04, 2021
Broker's Calls
DBS ups Lendlease Global Commercial REIT's TP to $1.05 on impending catalysts including JEM acquisition
The REIT had announced its inclusion into the FTSE EPRA Nareit index earlier.
September 02, 2021
Broker's Calls
Analysts up LREIT's TP to at least 89 cents on acquisition of additional stake in Jem
CGS-CIMB has estimated a higher TP of 89.1 cents on LREIT, while UOB Kay Hian has upped its estimates to $1.01.
June 09, 2021
Broker's Calls
Lendlease Global Commercial REIT remains DBS's top pick among REITs in Orchard Road
It’s a ‘buy’ for LREIT, and ‘hold’ for SPH REIT and Starhill Global REIT from DBS.
February 18, 2021
Results
Lendlease Global Commercial REIT announces DPU of 2.34 cents for 1HFY2021
Tenant sales and footfall at 313@Somerset have recovered to approximately 75% and 60% of pre-Covid levels
February 10, 2021