Broker Name: CGS International Securities
Date of Report: November 5, 2025
Excerpt from CGS International Securities report.
- Report Summary
- Lendlease Global Commercial REIT (LREIT) proposed to acquire a 70% stake in PLQ Mall for S\$885m, expanding its Singapore retail exposure and boosting portfolio resilience and income stability.
- The acquisition will be funded by an equity raising, expected to result in a 2.5% uplift in proforma DPU; post-transaction, LREIT’s total assets under management will grow to S\$3.9bn, with increased suburban retail and essential services exposure.
Above is an excerpt from a report by CGS International Securities. Clients of CGS International Securities can be the first to access the full report from the CGS International Securities website : https://www.cgs-cimb.com/en/home
