Lendlease REIT held their AGM on 29 Oct 2026.
Shareholders questions were answered before the actual AGM. You can view Lendlease REIT responses here.
For the AGM slide, you can view them here.
I am quite pleased with the Board and Management team in regard to achieving their promises and heard the voices (feedback) of shareholders.
Finally, the long waited (delay) of Grange House is finally going live in mid-2027.
Grange House is a new purpose-built, 3,000-capacity live entertainment and cultural venue developed by Live Nation Singapore.
In 2026 AGM, majority of the shareholders questions are about NAV NAV NAV (Related to Ordinary Resolutions 6).
Let recap the NAV of Lendlease REIT since FY2020.
Shareholders want Board and Management team to improve on the NAV with suggestions including manager fee in cash rather than in units and stop having PP (Private Placement) and PO (Preferential Offering).
One shareholder question about the role of Chairperson (Chairwoman in the context of Lendlease REIT) if it should be better to have an Independent rather than Non-Independent currently (Related to Ordinary Resolutions 5).
Shareholders had spoken and voted accordingly.
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