by: Tam Ging Wien

All examples and stocks quoted here in this article and on the ProButterfly.com and REITScreener.com site are for learning purposes; it does NOT constitute financial advice or a Buy/Sell recommendation. Contents are reflective of personal views and readers are responsible for their own investments and are advised to perform their own independent due diligence and take into account their own financial situation. If in any doubt about the investment action you should take, you should consult a professional certified financial adviser.

This week, Australian-listed developer Lendlease Group and sponsor has launched its IPO of Lendlease Global Commercial REIT (LGC-REIT) on the Mainboard of the Singapore Exchange. The REIT will be internally managed by Lendlease Global Commercial Trust Management with RBC Investor Services Trust Singapore Ltd as the trustee.

The REIT is offering 387.5mil units at an offer price of $0.88 each. The offer consists of:

an international placement tranche of