You know that the IPO market in Singapore is not doing so great when the Lendlease Global REIT IPO becomes the “Biggest” IPO all year. But you know the saying, beggars can’t be choosers.
For those who missed it, in Part I of the Lendlease REIT IPO review I shared my love for Lendlease REIT, and why I thought it’s a pretty good deal (this article assumes you already know the basics of Lendlease REIT, so do check it out if you haven’t already).
But I was pretty surprised by the amount of negative feedback I received on Lendlease REIT.
So in Part II of this article, I’ll be sharing my responses to some of the common criticism, and why I’m still going ahead to subscribe.
Basics: Common Criticism of Lendlease REIT IPOThe criticism can be split into a few key points:
IPO portfolio...