Business
Lendlease Global Commercial REIT Reports 1.8% Year-on-Year Increase in Distribution Per Unit in 2H FY2025
Key Highlights Post financial year end, the Manager entered into an agreement to divest Jem office for S$462.0 million, in line with valuation. The transaction will strengthen Lendlease REIT’s capital structure, positioning it for future growth.Distribution per unit (“DPU”) for 2H FY2025 grew 1.8% year-on-year (“YoY”) to 1.80 cents. A more favourable interest rate outlook is expected to contribute positively towards distribution performance.Cost of debt for the financial year is at 3.46% per ann
About this update from Lendlease Global Commercial Reit
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