I was actually planning to do a macro piece on what the next market crash will look like today. And I mean, I love macro analysis and all, but there’s only so much you can write about global PMIs, low yields, inflation etc before it starts getting stale. So boy, was I glad that Lendlease Global Commercial REIT decided to lodge it’s prospectus this week. It feels good to go back to basics and flip through a prospectus and do some good old fashioned fundamental analysis.

Basics: Lendlease Global Commercial REIT IPO

So what is Lendlease Global Commercial REIT? It is Lendlease’s first REIT, and is intended to invest in office / retail assets globally.

Very simply, think of it as the Lendlease version of Mapletree Commercial Trust. Or rather, more like Mapletree Commercial Trust, with a global mandate.

The lodgement prospectus is here for those who