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