Institutional divestments pile pressure on Lendlease Global Commercial REIT’s unit price

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The newest entry to the Singapore REITs block, Lendlease Global Commercial REIT, finished the trading week ending 27 December on a relatively flat note, and disposals by institutional investors may have contributed to this.

The REIT ended the week of the Christmas holidays at SGD0.925, back where it began the preceding Monday.

Data from Singapore Exchange (SGX) indicate that Lendlease Global Commercial was the top REIT disposed by institutional investors during the period.

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