{"id":7027066,"date":"2026-08-04T16:10:26","date_gmt":"2026-08-04T16:10:26","guid":{"rendered":"https:\/\/peraltafinancing.com\/business\/investing\/lendlease-reit-6-3-yield-falling-debt-the-best-and-most-undervalued-singapore-mall-reit\/"},"modified":"2026-08-04T16:10:26","modified_gmt":"2026-08-04T16:10:26","slug":"lendlease-reit-6-3-yield-falling-debt-the-best-and-most-undervalued-singapore-mall-reit","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=7027066","title":{"rendered":"Lendlease REIT: 6.3% Yield, Falling Debt, the Best and Most Undervalued Singapore Mall REIT"},"content":{"rendered":"


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Trading at around S$0.585<\/strong>, Lendlease Global Commercial REIT (SGX: JYEU) looks, on the numbers, like one of the more underappreciated names in the Singapore retail S-REIT space. A market-beating yield, a shrinking debt load, and accelerating rental growth don’t usually coexist with a unit price sitting near the bottom of its 52-week range \u2014 yet that’s the setup here.<\/span><\/p>\n

A Yield That Holds Up Well Against Retail S-REIT Peers<\/b><\/span><\/p>\n

Lendlease REIT’s (“L-REIT”) showed a Distribution Per Unit (DPU) of 1.85 Singapore cents<\/strong>, up 3.1% year-on-year. Annualised against its share price, that works out to a yield of roughly 6.3%<\/strong>. With both 1H and 2H financial results proving that the REIT is likely to be consistenly announing 1.85 Sg cents.<\/span><\/p>\n

For context, here’s how that stacks up against the broader retail-REIT peer set:<\/span><\/p>\n

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Lendlease REIT: 6.3%<\/p>\n

Suntec REIT: 5.5%<\/p>\n

Frasers Centrepoint Trust (FCT): ~5.3\u20135.8%<\/p>\n

CapitaLand Integrated Commercial Trust (CICT): ~5.1%<\/p>\n

…<\/span><\/div>\n