Listed on 2 October 2019 , LREIT is established with the principal investment strategy of investing in a portfolio of stabilised income-producing real estate assets primarily used for retail and/or office purposes.
LREIT is managed by Lendlease Global Commercial Trust Management Pte. Ltd. (the “Manager”), an indirect wholly-owned subsidiary of Lendlease Corporation.
LREIT’s diversified portfolio comprises a leasehold interest in one retail property located in Singapore and three freehold office properties located in Milan with a total appraised value of S$1.4 billion.
The Manager remains committed to upholding high standards of corporate governance and transparency. It believes in proactive engagement with all its stakeholders to provide them with a better understanding of LREIT’s performance and growth strategies.