Lendlease Corporation’s stake in namesake REIT falls below 24% following unit placement

Lendlease Corporation Limited's deemed interest in Lendlease Global Commercial REIT (LREIT) has declined to 23.98% from 28.45%.

The decline followed the completion of a private placement that raised approximately SGD280 million for the REIT on 14 November 2025.

The Australian property giant's reduced stake came about not through a disposal of units, but as a result of LREIT issuing 465,117,000 new units as part of its recently completed private placement.