Lendlease a step closer to listing of mall REIT on SGX: reports

PC Lee
PC Lee5/23/2019 10:26 AM GMT+08  • 2 min read
Lendlease a step closer to listing of mall REIT on SGX: reports
SINGAPORE (May 23): Australia’s Lendlease could potentially be the next REIT to list in Singapore, following the footsteps of two recent US REITs.
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SINGAPORE (May 23): Australia’s Lendlease could potentially be the next REIT to list in Singapore, following the footsteps of two recent US REITs.

According to The Australian, Lendlease has appointed investment banks Citigroup and DBS to handle the listing.

The Singapore trust, to be named Lendlease Global Commercial REIT, could be seeded with shopping centre assets worth A$1 billion ($948 million).

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