Lendlease REIT ("LREIT") unit price has been a disaster for over the past 1 year. From S$0.810 per unit to the current S$0.56 per unit, this is a <-31%> plunge in its market price in a mere 12 months. With a half year distribution of S$0.022453 annualized, this implied an 8% distribution yield. While I would love to add on to LREIT at its current weak unit pricing, there are a few worrying points that is making me hesitate to do any further accumulation. Let me elaborate further below: 

LREIT has recently purchased a 10% stakes in Parkway Parade Shopping Mall. A rights issue maybe on the way for it to acquire more stakes or to takeover the remaining stakes. If the price of LREIT continue to remain in doldrums for some time and LREIT’s