The stars are aligning for Lendlease Reit to transform into a pure-play retail landlord

The stars are aligning for Lendlease Reit to transform into a pure-play retail landlord


The potential sale of the trust’s Sky Complex office property and acquisition of PLQ Mall should excite unitholders

[SINGAPORE] Lendlease Global Commercial Reit (LReit) could be on the cusp of a transformation.

The manager of LReit on Tuesday (Sep 30) disclosed that it has signed a new tenant – an American technology company – at Building 3 of its Sky Complex property in Milan, Italy.

This brings committed occupancy at the seven-storey Grade A office building to 49 per cent, up from 31 per cent in February.



Source link

Posted in

Swedan Margen

I focus on highlighting the latest in business and entrepreneurship. I enjoy bringing fresh perspectives to the table and sharing stories that inspire growth and innovation.

Leave a Comment