Lendlease Global Commercial REIT

JYEU

SGXC61949712

Commercial REITs

Market Closed - Singapore S.E. Other stock markets 05:04:34 2024-04-26 am EDT			5-day change	1st Jan Change
0.54 ^SGD	-0.92%		+1.89%	-16.28%

Apr. 05	Lendlease Global Commercial REIT Announces Establishment of Environmental, Social and Governance Committee	CI
Feb. 07	PhillipCapital Adjusts Lendlease Global Commercial REIT's Price Target to SG$0.83 From SG$0.86, Keeps at Buy	MT

Lendlease Global Commercial REIT Reports Earnings Results for the Half Year Ended December 31, 2023

February 01, 2024 at 04:29 am EST

Lendlease Global Commercial REIT reported earnings results for the half year ended December 31, 2023. For the half year, the company reported sales was SGD 119.92 million compared to SGD 101.73 million a year ago. Net income was SGD 30.26 million compared to SGD 58.26 million a year ago.

Latest news about Lendlease Global Commercial REIT

Lendlease Global Commercial REIT Announces Establishment of Environmental, Social and Governance Committee	Apr. 05	CI
PhillipCapital Adjusts Lendlease Global Commercial REIT's Price Target to SG$0.83 From SG$0.86, Keeps at Buy	Feb. 07	MT
UOB Kay Hian Adjusts Lendlease Global Commercial REIT's Price Target to SG$0.93 From SG$0.87, Keeps at Buy	Feb. 07	MT
Lendlease Global Commercial REIT's DPU Falls 14.5% in Fiscal H1	Feb. 02	MT
Lendlease Global Commercial REIT Reports Earnings Results for the Half Year Ended December 31, 2023	Feb. 01	CI
Lendlease Global Commercial Reit Announces Distribution For the Period from 1 July 2023 to 31 December 2023, Payable on or Around 27 March 2024	Feb. 01	CI
Lendlease Global Commercial REIT Unit Placed Under Voluntary Liquidation	Jan. 11	MT
Singapore Shares Start Week Marginally in Red; Manulife US REIT Slips 4% on Sale of Property in Arizona, US	Dec. 18	MT
Lendlease Global Commercial REIT Restructures Lease for Sky Complex in Italy	Dec. 18	MT
Singapore Shares Plummet More Than 1%; Jiutian Chemical Shares Drop 6% on Swinging to Loss in Q3	Nov. 08	MT
Lendlease Global Commercial REIT's Portfolio Reaches 99.9% in Fiscal Q1	Nov. 07	MT
Lendlease Global Commercial REIT Announces Appointment of Penelope Jane Ransom as Non-Independent Non-Executive Director, Member of Nomination and Remuneration Committee and Announces Reconstitution of Committees, Effective 8 November 2023	Nov. 07	CI
Lendlease Global Commercial REIT Announces Executive Changes	23-09-29	CI
Citi Research Downgrades Lendlease Global Commercial REIT to Neutral From Buy Citing Rising Capital Management Concerns, Adjusts Price Target to SG$0.61 From SG$0.78	23-08-29	MT
DBS Group Research Adjusts Lendlease Global Commercial REIT's Price Target to SG$0.90 From SG$1.08, Keeps at Buy	23-08-14	MT
Lendlease Global Commercial REIT’s Manager Names Chairman	23-08-08	MT
Lendlease Global Commercial REIT's DPU Falls 8.4% in Fiscal H2	23-08-08	MT
Lendlease Global Commercial REIT Announces Distribution for the Period from 1 January 2023 to 30 June 2023, Payable on or Around 28 September 2023	23-08-07	CI
Lendlease Global Commercial REIT Reports Earnings Results for the Full Year Ended June 30, 2023	23-08-07	CI
Lendlease Global Commercial REIT's Chairperson Steps Down	23-07-20	MT
Maybank Securities Starts Lendlease Global Commercial REIT at Buy With SG$0.80 Price Target	23-07-19	MT
Lendlease Global Commercial REIT Trustee Buys 10% Stake in Parkway Parade Partnership	23-06-05	MT
Lendlease Global Commercial REIT acquired 10% stake in Parkway Parade Partnership Pte. Ltd. from Lendlease Asia Investments Pty Limited for SGD 88.9 million.	23-06-04	CI
Lendlease Global Commercial REIT's Portfolio Occupancy Near 100% in Fiscal Q3	23-05-09	MT
PhillipCapital Reinstates LendLease Global Commercial REIT at Buy with SG$0.91 Price Target	23-04-27	MT

Chart Lendlease Global Commercial REIT

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Company Profile

Lendlease Global Commercial REIT is a Singapore-based real estate investment trust. The principal investment strategy of investing, directly or indirectly, in a diversified portfolio of stabilized income-producing real estate assets located globally, which are used primarily for retail and/or office purposes. Its property portfolio comprises the following properties in Singapore Milan, and Italy: a 99-year leasehold1 interest in Jem, an integrated office and retail mall located in Jurong East, Singapore (Jem); a 99-year leasehold2 interest in 313@somerset, a retail mall located in Orchard, Singapore (313@somerset); and a freehold interest in Sky Complex, which comprises three office buildings located in Milan, Italy (Sky Complex). The Companyâs manager is Lendlease Global Commercial Trust Management Pte. Ltd.

Sector

Commercial REITs

Calendar

2024-05-05 - Q3 2024 Earnings Release

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Ratings for Lendlease Global Commercial REIT

Trading Rating

Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

0.54 SGD

Average target price

0.7562 SGD

Spread / Average Target

+40.05%

Consensus

EPS Revisions

Estimates Revisions

Quarterly revenue - Rate of surprise

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