Lendlease Global Commercial REIT has has launched its initial public offering (IPO) at SGD0.88 per unit.
The IPO seeks to raise some SGD1.02 billion from the offering via a public offering of 22,727,000 units, and a private tranche of 387,474,987 units.
This offering of 387,474,987 units is subject to an over-allotment option.
Lendlease Global Commercial REIT’s initial portfolio will comprise a leasehold interest in one retail property located in Singapore, and a freehold office property located in Milan, Italy.
Full access to all editorial materials
Unlimited access to our seminars and classes
Site visit activities