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Lendlease Global Commercial REIT to be included under CPF's Investment Scheme

Felicia Tan
Felicia Tan12/2/2020 06:53 PM GMT+08  • 1 min read
Lendlease Global Commercial REIT to be included under CPF's Investment Scheme
Investors may now use up to 35% of their investible savings in their CPF ordinary accounts to acquire units in the REIT.
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The manager of Lendlease Global Commercial REIT (LREIT) announced on Dec 2 that the REIT has been included under the Central Provident Fund Board’s CPF Investment Scheme – Ordinary Account with effect from Nov 30.

Investors may now use up to 35% of their investible savings in their CPF ordinary accounts to acquire units in the REIT.


SEE:UOB Kay Hian starts Lendlease Global Commercial REIT at 'buy' with TP of 97 cents

Such units may only be disposed of through trading on the SGX-ST. Any proceeds from the disposals will be credit back into their respective ordinary accounts.

Units in LREIT closed 1 cent higher or 1.5% up at 69.5 cents on Dec 2.

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