Lendlease REIT to acquire remaining interest in Jem

Lendlease REIT to acquire remaining interest in Jem was reported by EdgeProp Singapore on 15 February 2022.

Lendlease Global Commercial REIT (LREIT) is acquiring the remaining interest it does not own in Jem.

Why this matters for Singapore commercial property

The transaction or operating update helps investors assess portfolio quality, rental reversions, occupancy and capital allocation in Singapore commercial real estate. The story is relevant to businesses, landlords and investors comparing current market evidence before making leasing or acquisition decisions.

Key takeaways

• Market: Singapore REITs

• Location: Jurong

• News date: 15 February 2022

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Source: EdgeProp Singapore, 15 February 2022