Lendlease REIT

[Euqorab]

Separately

Thank for share!
Makes me interested in this counter as I cheapo always look for companies who distribute units/shares

 

[Shion]

Lendlease Global Commercial REIT signs US technology company as new tenant in Milan building; occupancy increases to 49%​

https://www.theedgesingapore.com/ne...-technology-company-new-tenant-milan-building

The manager of Lendlease Global Commercial REIT announces that the REIT signed a US technology company as a new tenant in its Milan building 3.

The REIT’s building is situated within the Spark Business District in Milano Santa Giulia, the seven-storey grade A office building which recently underwent lobby refurbishment.

This brings its committed occupancy at building 3 to 49%, up from 31% in February 2025.

Units in Lendlease closed 0.5 cents higher or 0.806% up at 62.5 cents on Sept 30.

 

[lzydata]

Lendlease REIT to Acquire 70% of PLQ Mall to Expand its Suburban Retail Portfolio in Singapore

Press release: https://links.sgx.com/FileOpen/Prop...s_Release.ashx?App=Announcement&FileID=866000
Presentation: https://links.sgx.com/FileOpen/Prop...sentation.ashx?App=Announcement&FileID=865999
Announcement: https://links.sgx.com/FileOpen/Prop...ouncement.ashx?App=Announcement&FileID=865998

LAUNCH OF PRIVATE PLACEMENT TO RAISE GROSS PROCEEDS OF NO LESS THAN S$270.0 MILLION

https://links.sgx.com/FileOpen/Placement_Announcement.ashx?App=Announcement&FileID=866001

 

[DevilPlate]

Lendlease REIT to Acquire 70% of PLQ Mall to Expand its Suburban Retail Portfolio in Singapore

Press release: https://links.sgx.com/FileOpen/Prop...s_Release.ashx?App=Announcement&FileID=866000
Presentation: https://links.sgx.com/FileOpen/Prop...sentation.ashx?App=Announcement&FileID=865999
Announcement: https://links.sgx.com/FileOpen/Prop...ouncement.ashx?App=Announcement&FileID=865998

LAUNCH OF PRIVATE PLACEMENT TO RAISE GROSS PROCEEDS OF NO LESS THAN S$270.0 MILLION

https://links.sgx.com/FileOpen/Placement_Announcement.ashx?App=Announcement&FileID=866001

Worst timing to announce

gona laosai liao

 

[reddevil0728]

Worst timing to announce

gona laosai liao

Can elaborately why worst timing?

 

[Raynon]

How is lendlease going to get $$? Issue rights or fund by debt?

 

[reddevil0728]

How is lendlease going to get $$? Issue rights or fund by debt?

They say private placement no?

 

[Carnesir]

Opening down!

 

[jtsh55]

How is lendlease going to get $$? Issue rights or fund by debt?

Singapore, 6 November 2025 – Lendlease Global Commercial Trust Management Pte. Ltd. (the “Manager”), the manager of Lendlease Global Commercial REIT (“Lendlease REIT”), is pleased to announce the successful completion of the Private Placement launched on 5 November 2025.

The Private Placement was approximately 3 times covered with strong participation from a quality mix of new and existing unit holders, long-only funds, real estate specialists, private wealth and multi-strategy investors. In response to the strong interest, the placement size was increased by approximately S$10 million. The Private Placement New Units are expected to be issued on or around 14 November 2025.

The Private Placement issue price was S$0.6020 compared with the Adjusted VWAP1 of S$0.6253 per Unit. The gross proceeds from the Private Placement will be substantially used to finance the acquisition of the 70% interest in PLQ mall announced on 5 November 2025.

 

[DevilPlate]

Can elaborately why worst timing?

today overall market green day so share price drop less than expected….luckily yday halt whole day

 

[DevilPlate]

Their gearing will shoot back to near 50% again?
any reports mentioning that?

 

[addict951]

Their gearing will shoot back to near 50% again?
any reports mentioning that?

38.something %



page 18/22
Middle of the 3 docs
https://links.sgx.com/1.0.0/corpora...7c24b8d3907b6f8becf074ad3e71dd246f929dfa3cf0e

 

[addict951]

0.0356/0.625
Still got 5.69% yield

 

[DevilPlate]

38.something %



page 18/22
Middle of the 3 docs
https://links.sgx.com/1.0.0/corpora...7c24b8d3907b6f8becf074ad3e71dd246f929dfa3cf0e

Still not bad….hopefully their ICR can improve

 

[reddevil0728]

today overall market green day so share price drop less than expected….luckily yday halt whole day

But not explaining why is it the worst time timing to announce?

 

[pclow59]

https://www.straitstimes.com/busine...ull-ownership-of-plq-mall-in-116-million-deal

The transaction is expected to be finalised by June 30.

The manager of the Reit requested a trading halt on Feb 25. Units of Lendlease Global Commercial Reit ended 0.5 cent, or 0.8 per cent, lower at 60 cents on Feb 24.

 

[HWZ1973]

Rights issue: https://www.businesstimes.com.sg/co...-take-full-control-plq-mall-s116-million-deal

 

[Paul Lee]

LAUNCH OF UNDERWRITTEN NON-RENOUNCEABLE PREFERENTIAL OFFERING TO RAISE
GROSS PROCEEDS OF APPROXIMATELY S$196.6 MILLION

Issue Price: S$0.558 for each New Unit
Allotment Ratio: 119 New Units for every 1,000 existing Units (fractions of a New Unit to be disregarded)

Indicative Timetable

 

[hmyoth]

Rights issue: https://www.businesstimes.com.sg/co...-take-full-control-plq-mall-s116-million-deal

Correct term is preferential offering. Non renounceable , different from right issue.

 

[dexboi]

not subscribing to the 2026 PO.
the price not attractive enough.. it might even go below PO price of $0.558.
i'm happy if it stays above with my current shareholdings, but most likely it will go below.