Lendlease Global Commercial Trust 1Q24 | SGX Company Insights | 9 November 2023

24/11/2023 5 min

Listen "Lendlease Global Commercial Trust 1Q24 | SGX Company Insights | 9 November 2023"

Episode Synopsis

Miaomiao Liu, a Research Analyst at Phillip Securities Research will be covering the Lendlease Global Commercial Trust 1Q24 report.

LREIT is currently trading at FY24e yields of 7.82% and 0.7x P/NAV. We anticipate that the strong rental reversion momentum will persist for 313@somerset in FY24 as international visitors gradually return, and Jem continues to achieve stable reversion in the high single digits. Our DDM-TP remains unchanged at S$0.86, with projected FY24-25e DPUs of S$4.38 - 4.63 cents.


Listen to this podcast to stay updated on the latest corporate news. Additionally, you can visit ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠www.poems.com.sg/stock-research⁠⁠⁠⁠⁠ to access the full report and gain more insights.

#PhillipCapital #YourPartnerinFinance #Servingyousince1975  #fintech #PYTCH #PYTCHMedia #USCompanyInsights #FinanceNews #SGX

Follow PYTCH Media:
⁠⁠⁠⁠⁠⁠⁠⁠YouTube⁠⁠⁠⁠⁠⁠⁠⁠
⁠⁠⁠⁠⁠⁠⁠⁠Facebook⁠⁠⁠⁠⁠⁠⁠⁠
⁠⁠⁠⁠⁠⁠⁠⁠Instagram⁠⁠⁠⁠⁠⁠⁠⁠
⁠⁠⁠⁠⁠⁠⁠LinkedIn⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠
⁠⁠⁠⁠⁠⁠⁠Podcast⁠⁠⁠⁠⁠⁠⁠
⁠⁠⁠⁠⁠⁠⁠Website⁠