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
Claudia 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
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
OCBC consumer banking chief Sunny Quek aims to double wealth business by 2029
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
Hengli’s ex-Singapore unit dismisses staff after US sanctions, at risk of being wound down: sources