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The stars are aligning for Lendlease Reit to transform into a pure-play retail landlord

October 2, 2025
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The stars are aligning for Lendlease Reit to transform into a pure-play retail landlord
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The potential of a sale of the trust’s Sky Complex office property and acquisition of PLQ Mall should excite unitholders

[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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Tags: AligningLandlordLendleasepureplayREITRetailStarsTransform
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I am an editor for IBW, focusing on business and entrepreneurship. I love uncovering emerging trends and crafting stories that inspire and inform readers about innovative ventures and industry insights.

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