SUBSCRIBERS
Lendlease Global Reit achieves 4.5% premium on trading debut
Units rose to a high of S$0.945 before ending the day at S$0.92, up four cents from offer price of S$0.88
Published Wed, Oct 2, 2019 · 09:50 PM
Singapore
LENDLEASE Global Commercial Reit (real estate investment trust) on Wednesday ended its first day of trading on the mainboard at S$0.92, 4.5 per cent above its initial public offering (IPO) price of S$0.88.
From the start of trading at 2pm till market close, the units traded within a band of S$0.915 to S$0.945.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
UK's FTSE 100 hits record highs on Anglo-American boost
Holiday Inn owner IHG’s Q1 revenue up 2.6%, leisure travel demand remains strong
SocGen Q1 profit slumps less than expected as investment bank surprises
Wall Street Journal moves Asia headquarters from Hong Kong to Singapore
Macquarie sees biggest profit dip in 15 years on commodities downturn
HSBC appoints ex-Citi banker as new Singapore head of global banking