Lendlease Global Commercial REIT

Latest Result: 1Q 2026

Sector Breakdown

Geographical Breakdown

Basic Profile

Stock CodeJYEU
Listing Date02-Oct-19
Entity TypeREIT
Payout FrequencySemi-Annually
Fiscal Year End30-Jun
SponsorLendlease Corporation Limited
Key Statistics Stats as at: 2026-07-15
Current Price
S$0.57
Market Cap
S$1.79B
Price / NAV
0.83x
Div Yield (TTM)
6.35%
52 Week Range
52W Low 52W High
Financial Performance

Financial Performance

Gross Revenue$103.35M (4Q 2025)
Net Property Income$74.03M (4Q 2025)
NPI Margin71.6% (QoQ +1.5%)
Distributable Income$64.67M (4Q 2025)
DPU1.85 cents (4Q 2025)

Portfolio Stats

AUMS$3.30B
No. Properties4
Property Yield4.31% (4Q 2025)
Rental Reversion8.9%
Capital Structure

Debt Metrics

Interest Cover 1.8x (QoQ +0.0%)
Avg Debt Term 2.5 years
Gearing Ratio 38.7% (QoQ +0.8%)
Cost of Debt 2.89% (QoQ -0.3%)
Fixed Rate Debt 72.0%
Highest Annual Debt Maturity 38.86%

Lease Expiry

WALE (by GRI) 3.7 years (QoQ -2.6%)
Committed Occupancy 95.3% (QoQ +0.4%)
Income in SGD/Major Currencies 100.0%
Highest Annual Lease Expiry 28.1%

Sponsor & Manager Shareholding

REIT Sponsor 20.928%
REIT Manager 0.962%
Directors of Manager 0.138%

Management Fees

Base Fee 0.3% p.a. of Deposited Property
Performance Fee 5.0% p.a. of NPI
Historical Trends

Dividend Yield (%) (DPU/Price)

P/NAV (Price/NAV)

DPU (cents)

DPU Component % (Distribution Breakdown)

NAV per Unit ($)

Units in Issue (bil)

Gearing Ratio (%)

Adjusted Interest Coverage (x)

Committed Occupancy (%)