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Jul 3, 2019 · As part of Lendlease's proactive asset management strategy to improve asset returns, enhancement works were carried out to create additional leasable space to unlock value at Jem, pointed out the manager. Occupancy rate for 313@somerset was at 98.9 per cent with a tenant retention rate of 90 per cent as at Sep 30, 2021.
Jul 3, 2019 · The manager of Lendlease Global Commercial REIT (LREIT) has reported a distribution per unit (DPU) of 2.40 cents for the 1HFY2022 ended June, 2.6% higher than the DPU of 2.34 cents in the corresponding period the year before. The higher DPU was due to the higher distributable income in 1HFY2022, which grew 3.8% y-o-y to $28.6 million.
Jul 3, 2019 · Lendlease Singapore is an indirect wholly-owned subsidiary of Lendlease Corporation, the sponsor of LREIT, making this an interested-person transaction. Under the PCMA, Lendlease Singapore will provide the following services: project and design management services, contracts management, construction management, environmental, health and safety management, cost management and reporting.
Jul 3, 2019 · Lendlease Global Reit’ s Q1 portfolio occupancy eases slightly to 99.7% The manager has plans to optimise the remaining untapped gross floor area to maximise the full potential of 313@somerset. Lendlease Global Reit’s portfolio occupancy for the quarter ended Sep 30 fell 0.1 percentage point to 99.7 per cent, down from 99.8 per cent last quarter, said the manager on Monday (Nov 7).
LendLease Group is an Australia-based integrated real estate business with an international investment platform. The Company's segments include Investments, Development, Construction, and Non core. Its Investments segment comprises international fund and asset management platforms and the Group’s real estate co-investment portfolio.
Jul 3, 2019 · LENDLEASE Global Commercial Reit (LReit) has taken over a 10 per cent share of Parkway Parade Partnership (PPP) for S$90.5 million. The amount was based on a S$1.38 billion agreed market value of the 291 strata lots PPP owns in Parkway Parade, an integrated office and retail development in Marine Parade. PPP holds an indirect 100 per cent ...
Jul 3, 2019 · The manager of Lendlease Global Commercial REIT (LREIT) has announced that its distribution per unit (DPU) for FY2024 ended June 30 came in at 3.87 cents, 17.7% lower than 4.70 cents a year ago. This came on the back of a 15.6% decline in amount distributable to unitholders to $91.4 million.
Jul 3, 2019 · Feb 7, 2023. #1,261. Lendlease Global Commercial Reit H1 DPU up 2.1% to S$0.0245. TUE, FEB 07, 2023 - 06:49 PM. THE manager of Lendlease Global Commercial Reit : JYEU 0% (Lendlease Reit) posted distribution per unit (DPU) of S$0.0245 for the first half FY2023 ended December 2022, up 2.1 per cent from S$0.024 in the corresponding period a year ago.
Jul 3, 2019 · Jul 5, 2019. #10. Lendlease's retail projects in Singapore include Parkway Parade in the East, 313@somerset and retail and commercial development Jem mall in Jurong East. It is also developing mixed-use development Paya Lebar Quarter.
Jul 3, 2019 · All REIT IPO also hot stuff last time. Many years later some delisted some still listed but the price is way below the IPO price (some is due to rights so price drop is normal etc).
