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Wednesday, September 25, 2019

Lendlease GC reit

LendleaseGC Reit(JYEU)

• To distribute 100.0% of Lendlease Global REIT’s
adjusted net cash flow from operations for the period
from the Listing Date to the end of Projection Year 2021,
and at least 90.0% of its adjusted net cash flow from
operations thereafter on a semi-annual basis


• The first distribution, which will be in respect of the
period from the Listing Date to 31 December 2019, will
be paid by the Manager on or before 31 March 2020

• Distributions to be declared in Singapore dollars

Application start from 25th September 9pm .
Closing on 30th September noon time


Start trading on 2nd October.

IPO price of S$0.88 per share.

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, as well as real estate-related assets in connection with the foregoing.


Lendlease Global REIT will comprise a leasehold interest in one retail
property located in Singapore and a freehold office property located in

Milan, Italy with an appraised value of approximately S$1,405.3 million as
at 31 July 2019 based on the aggregate of the higher of the two independent
valuations for each Property conducted by independent valuers in respect of
each Property.



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