Shares & Derivatives
Lendlease Global Commercial REIT IPO – Opportunities and Risk
By ProButterfly  •  September 27, 2019

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...
Read the full article
By ProButterfly
Tam Ging Wien has been an avid equities and real estate investor for over 10 years. His passion for financial education and training stems from a desire to help others help themselves achieve financial freedom. In 2017 he published his first book entitled REITs to Riches: Everything You Need to Know About Investing Profitably in REITs.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance