The facility agreement and facility letter contains conditions in which if unmet, may affect the aggregate amount of facilities under LREIT which is up to $1,709.8 million.
Lendlease Global Commercial Trust Management (LREIT) has entered into a facility agreement worth $50 million and accepted an offer for an uncommitted revolving credit facility worth up to $100 million.
These two facilities may be applied towards general corporate purposes and/or bridge financing of LREIT and its subsidiaries.
