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Distribution Per Unit Rises 3.1% to 1.85 Cents in 1H FY2026

Singapore: 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.

According to BERNAMA News Agency, Lendlease REIT completed the divestment of the Jem office and acquired a 70% interest in PLQ Mall in November 2025. As a result of these transactions, approximately 90% of the portfolio value is concentrated in Singapore, with 63% in the suburban retail segment. This move reflects Lendlease REIT's active strategy to optimise its portfolio, aiming to strengthen its retail holdings to leverage future growth opportunities and provide consistent, long-term income growth for its Unitholders.

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