Listed on 2 October 2019, Lendlease Global Commercial REIT (LREIT) is a Singapore real estate investment trust established with the principal investment strategy of investing, directly or indirectly, in a diversified portfolio of stabilised income-producing real estate assets1 located globally, which are used primarily for retail and/or office purposes.
Its portfolio comprises leasehold interest in two properties in Singapore namely Jem (office and retail property) and 313@somerset (retail property) as well as freehold interest in three Grade A office buildings, Sky Complex, in Milan. Other investments include a stake in Parkway Parade and development of a multifunctional event space on a site adjacent to 313@somerset.
LREIT is managed by Lendlease Global Commercial Trust Management Pte. Ltd., an indirect wholly-owned subsidiary of the Sponsor.