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Oct 1, 2019 · THE Lendlease Global Commercial Reit's (real estate investment trust) initial public offering (IPO) has ended with its public offering 14.5 times subscribed, the Reit's manager announced on Tuesday night. Its units are expected to start trading on the Singapore Exchange's Mainboard at 2pm on Oct 2.
Lendlease Global Commercial REIT (“Lendlease Global REIT”), is making an offering (the “ Offering ”) of 387,474,987 units representing undivided interests in Lendlease Global REIT (“ Units ”) for subscription at the Offering Price (as defined below) (the “ Offering Units ”).
A Quality and Resilient Commercial REIT Global Sponsor, Strong Pipeline. Lendlease Global Commercial REIT (“ LREIT ”) is a Singapore real estate investment trust established with the principal investment strategy of investing, directly or indirectly, in a diversified portfolio of stabilised income-producing real estate assets located ...
Sep 25, 2019 · Lendlease Global Commercial REIT is a Singapore REIT, established with the principal investment strategy of investing, directly or indirectly, in a diversified portfolio of stabilised income-producing real estate assets located globally, which are used primarily for retail and/or office purposes, as well as real estate-related assets ...
Oct 3, 2019 · Lendlease Global Commercial REIT received 13,640 applications for a total of 330.44 million units worth $290.8m for its public offer of 22.73 million units to Singapore public, the company announced. The offering was subscribed 14.5 times, which the REIT said is the highest in five years.
Sep 25, 2019 · Lendlease Global Commercial REIT is seeking to raise up to $1.03b through the sale of more than 1.16 billion units at an offering price of $0.88 per unit, the company announced.
Oct 2, 2019 · SINGAPORE (Oct 1): Lendlease Global Commercial REIT has completed its initial public offering of 387.5 million units at 88 cents each, with the public tranche of 22.7 million units 14.5 times subscribed – the highest subscription rate for a Singapore REIT in five years.
