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
Add BT as a preferred sourceClaudia Tan HS
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.
TRENDING NOW
Think twice about rebuilding that old landed property into a super-big house to max out GFA
SpaceX’s US$1.75 trillion IPO: How retail investors, including those in Singapore, can buy shares
Battle for Asia’s ultra-rich: ‘Singapore can’t afford to keep losing clients to Dubai, Hong Kong’
Tech rout sweeps Asia as AI rally jitters spark sell-off
