Lendlease Global Commercial REIT (JYEU.SI)

0.5350 0.0000 (0.00%) At close: 05:04PM SGT

Lendlease Global Commercial REIT

2 Tanjong Katong Road, #05-01
Paya Lebar Quarter
Singapore 437161
Singapore
65 6671 7374
https://www.lendleaseglobalcommercialreit.com

Sector(s): Real Estate
Industry: REIT - Diversified
Full-time employees: 69

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Chung Yip Chow	Chief Executive Officer of Lendlease Global Commercial Trust Management Pte. Ltd.	N/A	N/A	1972
Ms. Lay Ting Teo	Executive General Manager of Finance	N/A	N/A	N/A
Mr. Zhi Peng Yong	Manager of Investment for Lendlease Global Commercial Trust Management Pte. Ltd	N/A	N/A	1992
Ms. Bee Lin Ling	Head of Investor Relations & ESG	N/A	N/A	1981
Ms. Shu Zhen Chiang	Deputy Head of Legal & Company Secretary of Lendlease Global Commercial Trust Management Pte. Ltd.	N/A	N/A	N/A
Ms. Jenny Khoo	Head of Asset Operations	N/A	N/A	N/A
Ms. Kar Yen Loh	Head of Asset Management	N/A	N/A	N/A
Mr. Victor Shen	Financial Controller	N/A	N/A	N/A

Amounts are as of , and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in SGD.

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 portfolio comprises leasehold properties in Singapore namely Jem (an office and retail property) and 313@somerset (a prime retail property) as well as freehold interest in Sky Complex (three Grade A office buildings) in Milan. These five properties have a total net lettable area of approximately 2.1 million square feet, with an appraised value of S$3.65 billion as at 30 June 2023. Other investments include a stake in Parkway Parade (an office and retail property) 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 Lendlease Corporation Limited. 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.

Corporate governance

Lendlease Global Commercial REIT’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.