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Public offer of $1 bil Lendlease Global Commercial REIT starts at 9pm tonight

Amala Balakrishner
Amala Balakrishner • 3 min read
Public offer of $1 bil Lendlease Global Commercial REIT starts at 9pm tonight
SINGAPORE (Sept 25): Lendlease Group, the Australian-listed developer, has launched the IPO of its global commercial REIT on the Mainboard of the Singapore Exchange. The REIT manager, Lendlease Global Commercial Trust Management, is selling 387.5 mill
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SINGAPORE (Sept 25): Lendlease Group, the Australian-listed developer, has launched the IPO of its global commercial REIT on the Mainboard of the Singapore Exchange.

The REIT manager, Lendlease Global Commercial Trust Management, is selling 387.5 million Lendlease Global Commercial REIT units at an offer price of $0.88 each. This consists of an international placement of 364.7 million units and 22.7 million units for the Singapore public.


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