Broker: CGS International
Date of Report: August 5, 2025
Lendlease Global Commercial REIT: Early Bullish Momentum and Technical Breakout Signal Opportunity for Investors
Market Overview: Economic Headwinds Shape Investor Sentiment
Recent economic data reflects mounting challenges in the US market. Employment figures released last Friday revealed a sharp downward revision: nearly 260,000 jobs were shaved from May and June tallies, jolting market perceptions and highlighting underlying weakness. The labor market’s recovery momentum has slowed considerably, with average employment growth over the past three months at just 35,000 jobs—the lowest post-pandemic reading.
Meanwhile, inflation-adjusted consumer spending, which constitutes about two-thirds of US economic activity, declined in the first half of the year. The Federal Reserve’s favored price gauge increased in June, further underscoring inflationary pressure. With businesses and consumers navigating ongoing policy shifts and persistent inflation, the feared loss of economic momentum is materializing.
Regional Sector Insight: Renewed Interest in China Healthcare
A recent week-long marketing tour in Malaysia and Singapore (July 28 – August 1, 2025) provided insights into investor sentiment towards the China healthcare sector:
- Malaysian investors demonstrated renewed enthusiasm for China healthcare opportunities.
- Singapore-based investors remained bullish, albeit with a focus on selective, strategic plays.
Lendlease Global Commercial REIT: Technical Buy Call and Early Bullish Signals
Ticker: SIN: Lendlease Global Commercial REIT
Last Price: S\$0.565
| Entry Price(s) |
Support 1 |
Support 2 |
Stop Loss |
Resistance 1 |
Resistance 2 |
Target Price 1 |
Target Price 2 |
Target Price 3 |
Target Price 4 |
| 0.565, 0.510 |
0.532 |
0.473 |
0.470 |
0.630 |
0.700 |
0.620 |
0.650 |
0.700 |
0.800 |
Company Overview: Lendlease Global Commercial REIT is a diversified real estate investment trust with global exposure. The trust focuses on a varied portfolio of real estate assets and serves a worldwide client base.
Technical Analysis: Why Lendlease is Poised for a Bullish Run
- Trend Reversal: The stock has confirmed an early breakout from a large falling wedge pattern, demonstrated by a strong bullish candle.
- Inverted Head and Shoulders: A significant technical formation, the inverted head and shoulders, has been confirmed with a robust break above the resistance-turned-support at S\$0.532.
- Bullish Ichimoku Signal: Ichimoku Cloud analysis shows a strong bullish signal, indicating further upward momentum.
- MACD Momentum: The MACD and its signal line are rising steadily toward the zero line, with a positive histogram—a classic bullish indicator.
- Stochastic Oscillator: The oscillator has been climbing, reflecting sustained buying momentum.
- Rate of Change: The 23-period ROC is positive, further confirming bullish technical momentum.
- Directional Movement Index: This indicator continues to show steady bullish strength.
- Volume Spike: Volume has spiked in anticipation of a technical breakout, suggesting increased investor interest.
Strategic Price Levels
- Entry Points: S\$0.565 and S\$0.510
- Support Levels: S\$0.532 (primary), S\$0.473 (secondary)
- Stop Loss: S\$0.470
- Resistance Levels: S\$0.630 (first), S\$0.700 (second)
- Target Prices: S\$0.620, S\$0.650, S\$0.700, S\$0.800
Broker’s Recommendation and Rating Framework
CGS International’s rating framework provides clear guidance for investors:
- Add: Expected total return of over 10% in the next 12 months
- Hold: Expected return between 0% and 10% over 12 months
- Reduce: Expected negative total return over 12 months
Sector and country ratings are also provided, with Overweight, Neutral, and Underweight indicating relative positioning recommendations. As of June 30, 2025, the rating distribution for 561 companies under coverage was:
| Rating |
Distribution (%) |
Investment Banking Clients (%) |
| Add |
70.6% |
1.1% |
| Hold |
20.5% |
0.5% |
| Reduce |
8.9% |
0.5% |
Important Disclosures and Regulatory Information
CGS International operates in multiple jurisdictions and complies with local regulatory frameworks. The report is intended for institutional and sophisticated investors and should not be considered a solicitation to buy or sell securities to the general public. Investors are advised to conduct independent evaluations and consult professional advisors before making investment decisions.
The technical buy call on Lendlease Global Commercial REIT is based on current market data and technical indicators. All price levels, targets, and recommendations are subject to market risks, and investors may experience losses as well as gains.
Conclusion: Early Bullish Opportunity in Lendlease Global Commercial REIT
Lendlease Global Commercial REIT stands out with strong technical buy signals, confirmed breakouts, and strategic bullish formations. With well-defined support, resistance, and target levels, the trust presents a compelling opportunity for investors seeking early-stage momentum plays in the real estate sector. Amid broader market volatility and shifting economic headwinds, disciplined technical analysis and strategic entry remain paramount for capitalizing on this REIT’s upside potential.
