SGX:JYEURetail REITs
Did Lendlease REIT’s S$280 Million Equity Raise Just Shift (SGX:JYEU)’s Investment Narrative?
Lendlease Global Commercial REIT recently completed a follow-on equity offering, raising approximately S$280 million through the issuance of more than 465 million new units at S$0.602 per unit.
This sizeable fundraising highlights the REIT's focus on capital management and its plans for future portfolio growth, accompanied by an advanced distribution before the new units are issued.
We'll examine how this significant capital raising and the accompanying distribution could shape investor...