Recently, Lendlease REIT has been sold down by investors. The share price of Lendlease Global Commercial REIT (SGX:JYEU) has fallen as much as 16.42% in the past 6 months. What has happened? As you can …
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Tag: Lendlease Commercial REIT
Lendlease Global Commercial REIT (“Lendlease Global REIT”) is a Singapore real estate investment trust (“REIT”) established with the principal investment strategy of investing, directly or indirectly, in a diversified portfolio of stabilised income-producing real estate assets located globally, which are used primarily for retail and/or office purposes.
Its initial portfolio comprises a leasehold interest in, 313@somerset, a retail property located in Singapore and a freehold interest in Sky Complex, which comprises three office buildings located in Milan.
Parkway Parade New Food Corner
Yesterday, I was shopping at Parkway Parade and found that it has a new food corner. The renovated area caught my attention as it seems that yesterday was the first opening day of some of …
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LREIT Acquire Remaining Interests in Jem
On 14th February 2022, Lendlease Global Commercial REIT (LREIT) announced that they will acquire the remaining interests in Jem. The acquisition was funded through Equity Fund Raising by means of Private Placement and Preferential Offering. …
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Westgate and Jem Closes For 2 Weeks
Starting today Sunday 23rd May 2021, Westgate and Jem closes for 2 weeks. The reason for the closure is to perform deep cleaning as the authorities suspected there is ongoing transmission among the visitors to …
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Lendlease Commercial REIT Jem Acquisition
You probably have heard about the Lendlease Commercial REIT Jem Acquisition. Lendlease Commercial REIT acquired a stake in Jem via a 5% interest in Lendlease Asian Retail Investment Fund 3, which holds a 75.0% indirect …
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