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. …Continue reading
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.
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 …Continue reading
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 …Continue reading