Highlights

PropertyInvestment

Author: leahlim   |   Latest post: Fri, 18 Oct 2019, 3:26 PM

 

[UPDATE] 313@somerset sold to upcoming Lendlease Global Commercial REIT for just over $1 bil

Author:   |    Publish date:


SINGAPORE (EDGEPROP) - On Aug 23, Lendlease Retail Investments 1 Pte Ltd, which owns 313@somerset, sold the property for $1.003 billion to RBC Investor Services Trust Singapore Pte Ltd in its capacity as trustee of Lendlease Global Commercial REIT. This was according to a property title search. Lendlease Global Commercial REIT lodged its prospectus on Sept 16, 2019.

The Reit is expected to have an initial portfolio of two properties, 313@somerset in Singapore, and Sky Complex, which comprises three office buildings in Milan, Italy.

 

Read more:  https://www.edgeprop.sg/property-news/313somerset-sold-upcoming-lendlease-global-commercial-reit-just-over-1-bil

Share this

  Be the first to like this.
 


 

98  131  175  699 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 MDR 0.0020.00 
 Rex Intl 0.093+0.005 
 ThaiBev 0.90+0.025 
 Genting Sing 0.915-0.01 
 Spackman 0.0160.00 
 YZJ Shipbldg SGD 0.94-0.01 
 Y Ventures 0.112+0.001 
 AEM 1.28+0.02 
 KLW 0.0030.00 
 Singapore-eDev 0.045-0.002 

TOP ARTICLES

1. Keppel Corporation: Steady Core Operations SGX Stocks and Warrants
2. 6 Reasons Why DBS Is Prime For Shorting A Path to Forever Financial Freedom
3. Is Keppel Pacific Oak US REIT's 7.9% Yield Compelling? reitsnewsletter
4. Phillip Capital Morning Note - 18 Oct 2019 Trader Hub
5. Soilbuild REIT: More Time Needed SGX Stocks and Warrants
Partners & Brokers