SGX Market Strategist, Equity & Fixed Income, Singapore Exchange Ltd (SGX)

Geoff Howie

SGX Market Strategist, Equity & Fixed Income

Asia’s leading multi-asset exchange

Singapore Exchange Ltd (SGX)

Singapore Exchange is Asia’s leading and trusted market infrastructure, facilitating the exchange of capital and ideas to create value for people, businesses and economies. As a multi-asset exchange operating equity, fixed income and derivatives markets to the highest regulatory standards, SGX is a vertically integrated business that provides listing, trading, clearing, settlement, depository and data services.

With about 40% of listed companies and over 80% of listed bonds originating outside of Singapore as well as established linkages across the region and in Europe, SGX is Asia’s most international and connected exchange. Offering a full suite of derivatives products across Asian equity indices, commodities and currencies, SGX is the world’s most liquid international market for the benchmark equity indices of China, India, Japan and ASEAN.

As Asia’s pioneering central counterparty, SGX is globally recognised for its risk management and clearing capabilities, and was one of the first globally to adopt the Principles for Financial Market Infrastructure.

Headquartered in AAA-rated Singapore, SGX has over 800 employees including offices in Beijing, Chicago, Hong Kong, London, New York, Mumbai, San Francisco, Shanghai and Tokyo.

Equity Bottom-Up

Lendlease Global Commercial REIT / Equity Bottom-Up

Smartkarma Insights: Lendlease Global Comm REIT - Growing through Sustainable Global Lens

<ul><li>kopi-C with Lendlease REIT’s CEO The first Singapore REIT to reach net zero emissions, Lendlease Global Commercial REIT has its next target in sight: absolute zero by 2040.</li><li>When it comes to sustainability, Lendlease Global Commercial REIT is ahead of its peers.</li></ul>

kopi-C with Lendlease REIT’s CEO The first Singapore REIT to reach net zero emissions, Lendlease Global Commercial REIT has its next target in sight: absolute zero by 2040.When it comes to sustainability, Lendlease Global Commercial REIT is ahead of its peers.

ESG Brew with Lendlease REIT’s CEO: "I live more sustainably by taking public transport"

Smartkarma Research Team, Smartkarma

Smartkarma Research

Smartkarma Research Team

Smartkarma

Smartkarma unites the fragmented investment industry, connecting institutional investors, independent research providers, and corporates within a single network.

Research Reinvented

<p>For our next Corporate Webinar we are glad to welcome Lendlease Global Commercial REIT’s CEO, Mr Kelvin Chow.</p>
<p>In the upcoming webinar, Kelvin will share a short company presentation after which, he will engage in a fireside chat with Smartkarma Insight Provider, <a href="https://www.smartkarma.com/profiles/angus-mackintosh" target="_blank" rel="noopener">Angus Mackintosh</a>. Angus will also be providing an industry overview, featuring landscape commentary and returns analysis. The Corporate Webinar will include a live Q&amp;A session.</p>
<p><em>In the spirit of the festive season, one of the attendees will also be awarded an Amazon Kindle as part of our lucky draw.</em></p>
<h3>The Corporate Webinar will be hosted on Tuesday, 9 January 2024, 19:00 SGT.</h3>
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<h2><a href="https://share.hsforms.com/1H9pFZOB-RF2J00kbvMmxcw2c5gj?zoom_webinar_id=87654203088" target="_blank" rel="noopener">Register for the Webinar here</a></h2>
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<h3>About Lendlease Global Commercial REIT</h3>
<p>Lendlease Global Commercial REIT’s portfolio comprises two leasehold properties in Singapore, Jem (office and retail property) and 313@somerset (retail property), and three freehold Grade A office buildings, Sky Complex, in Milan. It has a total net lettable area of approximately 2.1 million square feet, with an appraised value of S$3.65 billion. Other investments include a stake in Parkway Parade and the development of a multifunctional event space on a site adjacent to 313@somerset.</p>

For our next Corporate Webinar we are glad to welcome Lendlease Global Commercial REIT’s CEO, Mr Kelvin Chow.
In the upcoming webinar, Kelvin will share a short company presentation after which, he will engage in a fireside chat with Smartkarma Insight Provider, Angus Mackintosh. Angus will also be providing an industry overview, featuring landscape commentary and returns analysis. The Corporate Webinar will include a live Q&amp;A session.
In the spirit of the festive season, one of the attendees will also be awarded an Amazon Kindle as part of our lucky draw.
The Corporate Webinar will be hosted on Tuesday, 9 January 2024, 19:00 SGT.











Register for the Webinar here











About Lendlease Global Commercial REIT
Lendlease Global Commercial REIT’s portfolio comprises two leasehold properties in Singapore, Jem (office and retail property) and 313@somerset (retail property), and three freehold Grade A office buildings, Sky Complex, in Milan. It has a total net lettable area of approximately 2.1 million square feet, with an appraised value of S$3.65 billion. Other investments include a stake in Parkway Parade and the development of a multifunctional event space on a site adjacent to 313@somerset.

Smartkarma Corporate Webinar | Lendlease Global: Sustainable Returns Through High-Quality Assets

ASEAN Insight Provider, CrossASEAN Research

Angus Mackintosh

ASEAN Insight Provider

CrossASEAN Research

At CrossASEAN Research we strive to produce unbiased and differentiated on the ground insights on companies across South East Asia. Our Research is produced for the most part after face to face meetings and conversations with company management to dig deep into the long term vision and strategy of the companies we cover. We seek to deliver investable and actionable themes on sectors and markets across SE Asia, often in collaboration with other Insight Providers across the region, pooling the vast experience of the analysts within the Smartkarma Ecosystem. We also offer bespoke work and tailor made trips for our clients. 

Insights across South East Asia

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<li>A recent Smartkarma webinar (<em><a href="https://smartkarma.zoom.us/rec/share/E1dVsi08V-HmwpDj6oBtXCFLJRyJBYDf0bo7J69pZBxlIp5mhBaAZyqUW3NFoI1e.poULBquZXZW2BXA5?startTime=1704798011000" target="_blank" rel="noopener">Smartkarma Corporate Webinar | Lendlease Global: Sustainable Returns Through High-Quality Assets</a></em><a href="https://www.smartkarma.com/insights/smartkarma-corporate-webinar-oue-c-reit-strength-in-portfolio-diversity" target="_blank" data-smartkarma-citation="insights:117061" rel="noopener"></a>) revealed a global commercial REIT with high-quality retail and office properties in Singapore and Italy.</li>
<li>LREIT saw rental reversions of +16.3% YoY in its 1Q2024 with a portfolio committed occupancy of 99.9% and a weighted average lease expiry of 8.0 years by NLA.</li>
<li>Management remains optimistic about the coming year with a strong capital position, a high level of sustainably linked finance, a low cost of debt, and an eye on potential acquisitions.</li>
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A recent Smartkarma webinar (Smartkarma Corporate Webinar | Lendlease Global: Sustainable Returns Through High-Quality Assets) revealed a global commercial REIT with high-quality retail and office properties in Singapore and Italy.
LREIT saw rental reversions of +16.3% YoY in its 1Q2024 with a portfolio committed occupancy of 99.9% and a weighted average lease expiry of 8.0 years by NLA.
Management remains optimistic about the coming year with a strong capital position, a high level of sustainably linked finance, a low cost of debt, and an eye on potential acquisitions.


Lendlease Global Commercial REIT (LREIT SP) - Growing Through a Sustainable Global Lens

External broker reports(aggregated public sources), UOB Kay Hian

UOB Kay Hian

External broker reports(aggregated public sources)

Backed by the UOB Group, UOB Kay Hian is one of Asia’s largest brokerage firms. Headquartered in Singapore, we are supported by more than 80 branches worldwide including a growing network of offices across Southeast Asia, Greater China, the United Kingdom and North America. Our global footprint and strong international presence have enabled us to feel the pulse of key financial markets and deliver incisive intelligence across industry sectors and asset classes. Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

<ul><li>Lendlease Global Commercial REIT (SGX:JYEU)’s 3QFY23 (Jan to Mar 2023) business update was broadly in line with our expectations.</li><li>Maintain BUY and target price of S$0.87 based on DDM (cost of equity: 7.25%, terminal growth: 2.2%).</li><li>Lendlease Global Commercial REIT achieved positive rental reversion of 4-5% for retail properties in 3QFY23 (9MFY23: 3.3%).</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Lendlease Global Commercial REIT (SGX:JYEU)’s 3QFY23 (Jan to Mar 2023) business update was broadly in line with our expectations.Maintain BUY and target price of S$0.87 based on DDM (cost of equity: 7.25%, terminal growth: 2.2%).Lendlease Global Commercial REIT achieved positive rental reversion of 4-5% for retail properties in 3QFY23 (9MFY23: 3.3%).Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Lendlease Global Commercial REIT - 3QFY23 In Line

Singapore

Lendlease Global Commercial REIT operates as a real estate investment trust. The Company invests in diversified portfolio of real estate assets. Lendlease Global Commercial REIT serves customers worldwide.

Lendlease Global Commercial REIT (LREIT SP)

Lendlease Global Commercial REIT (LREIT SP)

Smartkarma Insights: Lendlease Global Comm REIT - Growing through Sustainable Global Lens

Smartkarma Insights: Lendlease Global Comm REIT - Growing through Sustainable Global Lens

Singapore Exchange Ltd (SGX)

ESG Brew with Lendlease REIT’s CEO: "I live more sustainably by taking public transport"

kopi-C with Lendlease REIT’s CEO The first Singapore REIT to reach net zero emissions, Lendlease Global Commercial REIT has its next target in...

Singapore Exchange Ltd (SGX)

Smartkarma Corporate Webinar | Lendlease Global: Sustainable Returns Through High-Quality Assets

Explore the future of sustainable investing with Lendlease Global Commercial REIT's CEO, Kelvin Chow, in an engaging Smartkarma webinar. Dive into...

Smartkarma Research