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Lendlease Global Commercial REIT ( (SG:JYEU) ) has shared an update.
Lendlease Global Commercial REIT has amended its S$140 million facility agreement to include a new S$90 million term loan facility, which will be used for refinancing existing debts and financing asset enhancements and acquisitions. The agreement includes conditions that could lead to mandatory prepayment or default if certain ownership or management changes occur, but none of these events have transpired as of the announcement date.
The most recent analyst rating on (SG:JYEU) stock is a Buy with a S$0.75 price target. To see the full list of analyst forecasts on Lendlease Global Commercial REIT stock, see the SG:JYEU Stock Forecast page.
More about Lendlease Global Commercial REIT
Lendlease Global Commercial REIT is a real estate investment trust based in Singapore, managed by Lendlease Global Commercial Trust Management Pte. Ltd. The company focuses on managing a diversified portfolio of commercial properties, aiming to provide stable and sustainable returns to its stakeholders.
Average Trading Volume: 9,686,483
Technical Sentiment Signal: Buy
Current Market Cap: S$1.58B
See more data about JYEU stock on TipRanks’ Stock Analysis page.