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Lendlease Global Commercial REIT ( (SG:JYEU) ) has shared an update.
Lendlease Global Commercial REIT has announced the entry into new facility agreements, securing up to S$150 million in uncommitted revolving credit facilities. These facilities are intended for general corporate purposes and bridge financing. The agreements include mandatory prepayment and default clauses linked to the ownership and management structure of the REIT. As of the announcement date, no triggering events have occurred, but the facilities affected by such events could total up to S$1,709.8 million.
The most recent analyst rating on (SG:JYEU) stock is a Buy with a S$0.81 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 established under the laws of Singapore. It is managed by Lendlease Global Commercial Trust Management Pte. Ltd. and focuses on managing a diversified portfolio of commercial properties.
Average Trading Volume: 14,775,533
Technical Sentiment Signal: Buy
Current Market Cap: S$1.81B
See more insights into JYEU stock on TipRanks’ Stock Analysis page.