Listed on 2 October 2019, Lendlease Global Commercial REIT (Lendlease REIT) is established with the principal investment strategy of investing, directly or indirectly, in a diversified portfolio of stabilized income producing real estate assets located globally, which are used primarily for retail and/or office purposes. Its portfolio comprises leasehold properties in Singapore namely Jem (a suburban retail property) and 313 somerset (a prime retail property) as well as freehold interest in three Grade A commercial buildings in Milan. These four properties have a total net lettable area of approximately 2.0 million square feet, with an appraised value of S$3.76 billion4 as of 30 June 2025. Other investments include a stake in Parkway Parade (an office and retail property) and development of a multifunctional event space on a site adjacent to 313 somerset.