Broker Name: Maybank Research Pte Ltd
Date of Report: October 6, 2025
Excerpt from Maybank Research Pte Ltd report.
Report Summary
- Maybank upgrades Lendlease Global Commercial REIT (LREIT) from HOLD to BUY, raising the target price to SGD0.69, supported by lower interest rates, resilient Singapore retail sales, and improved capital management strategies.
- The outlook is positive due to declining financing costs, stable macroeconomic conditions, retail and tourism rebound, and ongoing efforts to reduce gearing via asset recycling, positioning LREIT for future growth and sustainable dividend yields.
Above is an excerpt from a report by Maybank Research Pte Ltd. Clients of Maybank Research Pte Ltd can be the first to access the full report from the Maybank Research Pte Ltd website : www.maybank-keresearch.com
