Lendlease Global Commercial REIT (JYEU) announced on Dec, 11 2025 that its trustee, DBS Trustee Limited, has entered into two uncommitted revolving credit facilities totalling 150 million Singapore dollars.

Facility A provides up to 50 million Singapore dollars, while Facility B offers up to 100 million Singapore dollars. The proceeds may be used for general corporate purposes and/or bridge financing for the trust and its subsidiaries.

Under Singapore Exchange Rule 704(31), the facilities require mandatory prepayment if sponsor Lendlease Corporation Limited ceases to hold at least 51 per cent of the manager, Lendlease Global Commercial Trust Management Pte. Ltd., unless lenders consent otherwise. An event of default will also be triggered if the manager resigns or is removed without a replacement.

The aggregate value of all existing facilities that could be affected by these clauses stands at about 1.7098 billion Singapore dollars as of the announcement date.