$Lendlease Reit(JYEU.SG)$ Lendlease Global Commercial REIT has reported an improved portfolio committed occupancy of 88.8% as at March 31 versus 87.9% as at last December, as it secured more takers for its office space in Italy, the Sky Complex. In its 3QFY2024 business update, LREIT, whose key assets are stakes in three retail malls in Singapore, was able to achieve a committed occupancy of 99.4% for its retail assets. As at March 31, LREIT's gross borrowings were $1.57 billion with a gearing r...
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Captain Woon :
Result is pretty okay but share price drop, probably gearing at 41% still the major concern.
Leanky77 : can trust meh?? previous target is 0.93, pass 3 month not even touch 0.70 ...just collect dividend can liao...