JYEU: Lendlease Global Commercial REIT - Summary | Jitta

Lendlease Global Commercial REIT

SGX:JYEU

Price
S$0.82
Loss Chance
51.0%
3.98JITTA SCORE
69.49%Over Jitta Line
Jitta Ranking
Sorry, the data is not yet available for this stock.
HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (56)
Recent Business Performance (78)
Financial Strength (51)
Return to Shareholders (9)
Competitive Advantage (35)
Jitta Signs
Recent Business PerformanceEarning Growth Last Year
Cash Conversion CycleLess than 30 days
Recent IPOLess than 3 years
Debt LevelVery High Long Term Debt
Key Stats
Jitta Score
Jitta Line
3.98
69.49%
Retail REITs
5.37
186.34%
3.25
503.98%
6.02
199.55%
COMPANY DESCRIPTION
Listed on 2 October 2019, Lendlease Global Commercial REIT (“LREIT”) is established with the principal investment strategy of investing, directly or indirectly, in a diversified portfolio of stabilised income-producing real estate assets located globally, which are used primarily for retail and/or office purposes. Its initial portfolio comprises a leasehold interest in, 313@somerset, a retail property located in Singapore and a freehold interest in Sky Complex, which comprises three office buildings located in Milan. The portfolio has a total net lettable area of approximately 1.3 million square feet, with an appraised value of S$1.4 billion as at 30 June 2020. LREIT is managed by Lendlease Global Commercial Trust Management Pte. Ltd., an indirect wholly-owned subsidiary of Lendlease. Its key objectives are to provide Unitholders with regular and stable distributions, achieve long-term growth in distribution per unit and net asset value per unit, and maintain an appropriate capital structure.