Shares & Derivatives
Lendlease REIT IPO: 9 Things Investors Should Know About It
By SmallCapAsia  •  September 23, 2019

As of 16 September 2019, Lendlease Global Commercial REIT (Lendlease Global REIT) had filed in its IPO Prospectus to the Monetary Authority of Singapore.

Lendlease IPO price is set at S$0.88 and investors can apply for the IPO at 25 September 2019 to 30 September 2019.

You may read its IPO Document (500+ pages in total) via this link – Lendlease Global REIT IPO Prospectus

Alternatively, you can check out our summary of 9 things you need to know about Lendlease Global REIT before investing in it as follows:

#1: Initial Property Portfolio 

It consists of two major properties:

(i) 313@Somerset and

(ii) the Sky Complex 

The breakdown is as follows: 

#2: Property 1 – 313@Somerset 

It is a leasehold eight-storey retail mall which has direct access to the Somerset MRT station measuring 429,870 sq. ft. in net lettable area (NLA).

The land lease balance is approximately 86.3

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By SmallCapAsia
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