PORTFOLIO OVERVIEW
LREIT’s diversified portfolio comprises a leasehold interest in two properties located in Singapore and three freehold office properties located in Milan with a total appraised value of S$3.65 billion.
Jem, Singapore
| TYPE | Retail & Office |
| TITLE | 99-year Leasehold |
| OWNERSHIP | 100% |
| NLA1 | 893,044 sqft |
| VALUATION1 | S$2,188.0 million |
313@Somerset, Singapore
| TYPE | Prime Retail |
| TITLE | 99-year Leasehold |
| OWNERSHIP | 100% |
| NLA1 | 288,979 sqft |
| VALUATION1 | S$1,026.0 million |
Sky Complex, Milan
| TYPE | Grade A Office |
| TITLE | Freehold |
| OWNERSHIP | 100% |
| NLA1 | 84,873 sqm |
| VALUATION1 | €290.5 million |
Parkway Parade, Singapore
| TYPE | Retail & Office |
| OWNERSHIP | 10.0% interest in PPP2 |
| VALUATION3 | S$1,380 million |
| NO. UNITS | Over 250 stores |
| PARKING LOTS | 1,184 |
1 Based on valuation report as at 30 June 2023.
2 LREIT owns a 10.0% interest in Parkway Parade Partnership Pte. Ltd. (“PPP”), which holds an indirect 100% interest in 291 strata lots in Parkway Parade, representing 77.09% of the total share value of the strata lots in the Parkway Parade Property.
3 Based on valuation report as at 30 April 2023.
Information as at 31 March 2024.