Lendlease Global Commercial REIT issues 13.66 million new units for fee payments

SGX Filings
06/19

Lendlease Global Commercial REIT (JYEU) said on Jun, 19 2026 that it has issued 13,658,231 new units to satisfy management-related fee obligations for the first two quarters of FY2026.

The trust issued 8,654,378 units to pay 100% of its base management fees, comprising 4,303,769 units at Singapore dollar 0.6205 each for the period from Jul, 1 2025 to Sep, 30 2025 and 4,350,609 units at Singapore dollar 0.6136 each for Oct, 1 2025 to Dec, 31 2025. The manager nominated Lendlease GCR Investment Holding to receive these units, and the nominee will pay the manager about 5.34 million Singapore dollars in cash.

A further 5,003,853 units were issued for property management fees: 2,447,209 units at Singapore dollar 0.6205 for Jul, 1 2025–Sep, 30 2025 and 2,556,644 units at Singapore dollar 0.6136 for Oct, 1 2025–Dec, 31 2025. The same nominee will pay the property manager roughly 3.09 million Singapore dollars for these units.

Following the allotment, Lendlease GCR Investment Holding holds 46,641,885 units, representing about 1.40 % of the total 3,327,029,297 units in issue, while the manager’s stake stands at 31,869,273 units, or 0.96 % of the enlarged unit base.

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