Lendlease REIT: 6.3% Yield, Falling Debt, the Best and Most Undervalued Singapore Mall REITBy Investmoolah • August 4, 2026Trading at around S$0.585, Lendlease Global Commercial REIT (SGX: JYEU) looks, on the numbers, like one of the more underappreciated names in the Singapore retail S-REIT space. A market-beating yield, a shrinking debt load, and accelerating rental growth don't usually coexist with a unit price sitting near the bottom of its 52-week range — yet that's the setup here. A Yield That Holds Up Well Against Retail S-REIT Peers Lendlease REIT's ("L-REIT") showed a Distribution Per Unit (DPU) of 1.85 Singapore cents, up 3.1% year-on-year. Annualised against its share price, that works out to a yield of roughly 6.3%. With both 1H and 2H financial results proving that the REIT is likely to be consistenly announing 1.85 Sg cents.