- Narrative Type
- Narrative Text
|Additional Text||2nd distribution for the period from 1 January 2020 to 30 June 2020.|
- Please refer to the attachment.
|Taxation Conditions||Capital Distribution represents a return of capital to Unitholders for Singapore income tax purposes and is therefore not subject to income tax. For Unitholders who are liable to Singapore income tax on profits from sale of Lendlease Global Commercial REIT ("LREIT") Units, the amount of Capital Distribution will be applied to reduce the cost base of their LREIT Units for Singapore income tax purposes.|
|Additional Text||Sponsorship Statement:|
DBS Bank Ltd. is the sole financial adviser and sole issue manager for the Initial Public Offering.
|Additional Text||DBS Bank Ltd. and Citigroup Global Markets Singapore Pte. Ltd. are the joint global coordinators, bookrunners and underwriters for the Initial Public Offering.|