Three institutional investors collectively disposed off 8,362,800 units of Lendlease Global Commercial REIT on 2 January.

These units of the REIT were disposed off via market transactions.

Lendlease Global Commercial REIT is the latest REIT to be listed on the Singapore Exchange (SGX).

The REIT has a portfolio of two properties, one each in Singapore and Milan, Italy respectively.

The properties are namely retail mall 313@Somerset on Singapore’s Orchard Road, and Grade A office complex Sky Complex in Milan.

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By Ridzwan Rahmat

Ridzwan has been analysing REITs and business trusts since 2008, and personally manages a portfolio comprising mainly of SGX-listed REITs. He founded REITsWeek in 2013.