Lendlease Global Commercial REIT

JYEU.SI : Singapore Exchange

0.550

-0.90%

Share Price in SGD. As of 28 May 17:04:20 SGT

Chart

Key stats

  • 52-Week High
    SGD 0.685
  • 52-Week Low
    SGD 0.490
  • Market Cap
    SGD 1.3B
  • Avg Volume
    3.1M
  • P/E Ratio (TTM)
    18.33
  • Forward Dividend Yield
    7.27%

Share Price Performance

JYEU.SI
Market
1 Day 0.00% 0.09%
5 Day -1.79% 0.67%
1 Month 2.80% 1.13%
6 Month -6.78% 8.62%
YTD -14.06% 3.10%
1 Year -19.12% -1.30%
5 Year -39.04% 0.89%
Include dividend return

All

Market Analysis

Consensus Share Price Target

Price Target: $0.769

Sell
Underperform
Neutral
Outperform
Buy

Source: SGX as of 28 May 2024

Analyst Ratings

  • CGS-CIMB

    02 Feb 2024

    Add

    0.830

  • DBS Research

    06 Feb 2024

    Buy

    0.900

  • Maybank Research

    05 Feb 2024

    Buy

    0.700

  • Phillip Securities

    05 Feb 2024

    Buy

    0.830

    (prev 0.860)

  • UOB Kay Hian

    05 Feb 2024

    Buy

    0.930

    (prev 0.870)

Analyst Reports

Beansprout Insights

Beansprout's Checklist

  • Fundamental

    Occupancy Rate of 87.90% is lower than sector average of 92.78%

  • Financial

    Gearing Ratio of 40.50% is higher than sector average of 39.87%

  • Valuation

    Dividend Yield of 7.27% is lower than sector average of 8.10%

Revenue Breakdown by Asset

Revenue Breakdown by Geography

Valuation

Price to book (P/B) ratio

Current P/B
0.7
Historical Average P/B
0.8

Lendlease Global Commercial REIT's current P/B ratio of 0.7x is lower than its historical average P/B ratio of 0.8x.

Earnings

Earnings Highlights

3rd Quarter FY2024 Business Update

  • Portfolio Occupancy: 88.8%

    This is mainly attributed to the positive leasing momentum of Sky Complex (Building 3), where approximately 8.1% of the NLA was committed during the quarter.

  • Rental Reversion: 15.3%

  • Leverage/Gearing: 41%

Earnings per share (EPS)

The latest earnings per share is $0.04, which is lower than the earnings per share of $0.10 in 2022.

Financials

Financial Statements

01 Feb 2024

Half Yearly Results

For period ending 31 Dec 2023

07 Aug 2023

Full Yearly Results

For period ending 30 Jun 2023

07 Jul 2023

Full Yearly Results

For period ending 30 Jun 2023

Annual Reports

29 Sep 2023

Annual Report

For period ending 30 Jun 2023

News

Profile

Company Description

Lendlease Global Commercial REIT is a Singapore REIT, 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, as well as real estate-related assets in connection with the foregoing. Lendlease Global Commercial Trust Management Pte. Ltd. is the manager of Lendlease Global Commercial REIT.

FAQ

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