Lendlease Global Commercial REIT secures tax ruling for S$ 120 million perpetual securities offering

• Lendlease Global Commercial REIT secured an IRAS advance tax ruling for its SGD 120 million 4.28% Perpetual Securities issuance.
• The Series 004 Perpetual Securities will be treated as “debt securities” for Singapore income tax purposes under Section 43H(4).
• Distributions, including optional distributions, will be regarded as interest payable on indebtedness.
• Subject to conditions, the securities will qualify as QDS, giving holders access to tax concessions under Sections 43H and 13(1)(a).
• The ruling follows the pricing supplement issued on April 14, 2026 for the perpetual securities under the SGD 1 billion multicurrency programme.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lendlease Global Commercial REIT published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: PLIEHYZ9TTQGSYQ2) on August 11, 2026, and is solely responsible for the information contained therein.