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    JYEU — Lendlease Global Commercial REIT News Story

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    Brief: Lendlease Global Commercial REIT Updates On Impact Of Covid-19 Outbreak

    Picture of Lendlease Global Commercial REIT logoLendlease Global Commercial REIT
    09/04/2020 11:26
    April 9 (Reuters) - Lendlease Global Commercial REIT
 LEND.SI :
    * UPDATE ON IMPACT OF COVID-19 OUTBREAK
    * THERE WILL BE AN IMPACT ON 313@SOMERSET'S CONTRIBUTION TO
LREIT'S DISTRIBUTABLE INCOME FROM APRIL 2020
    * WITHDRAWING LREIT'S IPO PROFIT AND DISTRIBUTION FORECAST
FOR FY
ENDING 30 JUNE 2020
    * WITHDRAWING LREIT'S IPO PROFIT AND DISTRIBUTION PROJECTION
FOR
FY ENDING 30 JUNE
    * WILL BE PROVIDING RENTAL RELIEF FOR TENANTS AND PASSING ON
FULL
SAVINGS FROM PROPERTY TAX REBATES BY SINGAPORE GOVERNMENT
    * AT 31 DECEMBER 2019, LREIT HAD GEARING RATIO OF 34.9% AND
CASH
BALANCE OF S$88.5 MILLION

Source text for Eikon:  ID:nSNZ22pxjc 
Further company coverage:  LEND.SI 

 ((Reuters.Briefs@thomsonreuters.com;))

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