General Announcement::Completion of the Acquisition of Stake in Jem via 9.6% of the Shares in Lendlease ARIF3 Limited

Issuer & Securities

Issuer/ Manager
LENDLEASE GLOBAL COMMERCIAL TRUST MANAGEMENT PTE. LTD.
Securities
LENDLEASE GLOBAL COMMERCIAL REIT - SGXC61949712 - JYEU
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
17-Sep-2021 18:12:59
Status
New
Announcement Sub Title
Completion of the Acquisition of Stake in Jem via 9.6% of the Shares in Lendlease ARIF3 Limited
Announcement Reference
SG210917OTHR3LA1
Submitted By (Co./ Ind. Name)
Kelvin Chow
Designation
Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
This announcement is in relation to the earlier announcement dated 7 June 2021 on proposed acquisition to increase effective interest of up to 31.8% in Jem.

Following the completion, Lendlease Global Commercial REIT ("LREIT") now owns (i) a 16.6% interest in ARIF3 (after taking into account LREIT s existing 7.0% interest in ARIF3) and (ii) an effective 25.7% indirect interest in Jem.

The Manager will make a further announcement on the completion of the acquisition of ARIF3 shares from the other Third Party ARIF3 Vendors and the issuance of the Acquisition Fee Units in due course.

Attachments

ARIF3 Third-party Completion Announcement.pdf
Total size =139K