SGX:JYEURetail REITs
A Look At Lendlease Global Commercial REIT (SGX:JYEU) Valuation After Jem Sale And PLQ Mall Acquisition
Lendlease Global Commercial REIT (SGX:JYEU) has drawn fresh attention after selling the office component of Jem for S$462 million to pay down debt and later buying a 70% stake in PLQ Mall via private placement.
See our latest analysis for Lendlease Global Commercial REIT.
The recent Jem divestment and PLQ Mall acquisition sit against a backdrop of mixed share price momentum. A 7 day share price return of 3.25% and a 1 year total shareholder return of 28.32% suggest improving sentiment after a...