Lendlease Global Commercial REIT announced its Q1 FY2021 business update this morning which I will quickly go through below. As some of you might already know from my previous update, Lendlease REIT remains one of my biggest portfolio holdings and I am cautiously confident it will continue to become a good investment for the mid to longer term. I have also summarized the previous Lendlease Q&A on my Facebook page which you can find here.

Q1 FY2021 Business Update: The First Quarter ("1 Jul 2020 to 30 Sep 2020") business update released did not provide much information on the financial numbers (yet), but we can infer and take reference from the operational update given. During Q1, tenant sales and footfall visitors at 313@Somerset continue to show signs of recovery as we all expected since the soft reopening of phases 2 and 3.  Visitors Footfall recovered 60% QoQ...