The manager of Lendlease Global Commercial REIT (LREIT) has reported portfolio occupancy of 99.0% for the 1QFY2020 ended September with a long weighted average lease expiry (WALE) of 9.5 years by net lettable asset (NLA).

It adds that some 78% of its leases by NLA will expire only beyond FY2024.

During the quarter, tenant sales and footfall at [email protected] recovered some 70% and 60% of pre-Covid-19 levels respectively.

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