The stars are aligning for Lendlease Reit to transform into a pure-play retail landlord
The potential sale of the trust’s Sky Complex office property and acquisition of PLQ Mall should excite unitholders
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[SINGAPORE] Lendlease Global Commercial Reit (LReit) could be on the cusp of a transformation.
The manager of LReit on Tuesday (Sep 30) disclosed that it has signed a new tenant – an American technology company – at Building 3 of its Sky Complex property in Milan, Italy.
This brings committed occupancy at the seven-storey Grade A office building to 49 per cent, up from 31 per cent in February.
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