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Lendlease Global Commercial REIT ( (SG:JYEU) ) just unveiled an update.
Lendlease Global Commercial REIT announced the pricing of its S$120 million 4.75% fixed rate perpetual securities under its S$1 billion multicurrency debt issuance programme. The securities, set to be issued on February 28, 2025, will provide distribution payments semi-annually with the option for redemption on specified dates. This issuance is expected to enhance the company’s financial flexibility and support its continued growth in the real estate market.
More about Lendlease Global Commercial REIT
Lendlease Global Commercial REIT is a real estate investment trust established in Singapore, focusing on managing and investing in a diversified portfolio of commercial properties. It is managed by Lendlease Global Commercial Trust Management Pte. Ltd., which aims to deliver stable and sustainable returns to its stakeholders by leveraging its expertise in property management and development.
YTD Price Performance: -3.77%
Average Trading Volume: 3,410,003
Technical Sentiment Consensus Rating: Buy
Current Market Cap: S$1.24B
For a thorough assessment of JYEU stock, go to TipRanks’ Stock Analysis page.