Bali: Lendlease Global Commercial Trust Management Pte. Ltd. (the Manager), the manager of Lendlease Global Commercial REIT (Lendlease REIT), has announced its first-half financial results for FY2026. The results highlight a 3.1% year-on-year increase in the distribution per unit, reaching 1.85 cents.

According to Nam News Network, Lendlease REIT completed the divestment of the Jem office and the acquisition of a 70% interest in PLQ Mall in November 2025. These strategic transactions have resulted in approximately 90% of the portfolio value being anchored in Singapore, with 63% in the suburban retail segment. This move aligns with Lendlease REIT's active portfolio optimisation strategy, aimed at strengthening its retail portfolio to leverage future growth opportunities and deliver consistent income growth for Unitholders.