Lendlease Global Commercial REIT Jem

Lendlease Global Commercial REIT (Lendlease REIT) was the top Singapore Exchange (SGX)-listed REIT disposed of by institutional investors last week.

Lendlease REIT is a mixed commercial REIT with a portfolio of office and retail assets in Singapore and Italy.

Two of these assets, Jem and 313@Somerset, are located in Singapore, while the third asset, Sky Complex, is located in Milan, Italy.

Related: CapitaLand’s flagship REIT sees SGD36.8 million inflow of institutional funds

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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.