Lendlease Global Commercial REIT converts PLQ Mall-holding unit Milano Central into PLQM LLP
PUBT · 3d ago
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- Lendlease Global Commercial REIT converted indirect wholly owned subsidiary Milano Central into a limited liability partnership, PLQM LLP, under Singapore law.
- Milano Central holds PLQ Mall; PLQM LLP is held about 100% via PLQM Trust, with a remaining nominal interest held by LL PLQM 2.
- Conversion grants tax transparency treatment for the REIT’s share of PLQM LLP taxable income received via PLQM Trust, subject to conditions.
- LL PLQM Trustee, LL PLQM 2, and PLQM LLP signed an LLP agreement to govern their relationship.
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: 4KW3TMXYDDWGD279) on July 08, 2026, and is solely responsible for the information contained therein.
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