Lendlease Global Commercial REIT ("LREIT") has dipped below S$0.50 per unit to S$0.485 per unit as at 6 March 2025. This is even lower than the COVID period and also the SREIT price tumble last year- as a matter of fact, this is an all time 5 year crazy low for LREIT. Hence I have taken the opportunity last week to add on 10,000 units @ S$0.485 per unit after going through the below thoughts process as well as risk assessments.

1. LREIT Badly Battered By High Financing Cost and Empty Commercial Office in Milan

The higher interest cost has been severely affecting the results of LREIT. Moreover, the early termination of lease for a major tenant at its Commercial Office building Sky Complex added to its existing woes. So there is a key risk here if LREIT's leasing team is unable to fill up the vacant space fast enough.

2. Good News From LREIT on Singapore Office 13% Negotiated Rental Increase over 5 years.

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