Jem, a property of Lendlease Global Commercial REIT. (Photo: Google Maps)

Lendlease Global Commercial REIT (LREIT) has completed its acquisition of 43,070 shares in Lendlease Asian Retail Investment Fund 3 Limited.

As reported by REITsWeek in June 2021, LREIT was looking to hold an effective indirect interest of up to 31.8% in Jem.

The asset is located at 50 and 52 Jurong Gateway Road, Singapore.

Related: Lendlease REIT to increase stake in Jem

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By Shariffa Al-Habshee

Shariffa joined REITsWeek in 2017, and monitors Asia-Pacific REITs for the publication.