Interested Person Transaction::Interested Person Transaction

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
Interested Person Transaction
Date &Time of Broadcast
03-Nov-2020 07:31:59
Status
New
Announcement Sub Title
Interested Person Transaction
Announcement Reference
SG201103OTHRQFCN
Submitted By (Co./ Ind. Name)
Kevin Cho
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Please refer to the attached.

Additional Details

Interested Person Details
Lendlease Retail Pte. Ltd. ("Lendlease Retail") is an indirect wholly-owned subsidiary of Lendlease Corporation Limited, the sponsor for LREIT ("Sponsor"). It was appointed as the property manager of 313@somerset pursuant to the master property management agreement dated 13 September 2019 and the individual property management agreement dated 13 September 2019.

The Sponsor is a "controlling unitholder" of LREIT and a "controlling shareholder" of the Manager. As Lendlease Retail is an indirect wholly-owned subsidiary of the Sponsor, for the purposes of Chapter 9 of the listing manual of Singapore Exchange Securities Trading Limited (the "SGX-ST", and the listing manual of the SGX-ST, the "Listing Manual") and Paragraph 5 of Appendix 6 of the Code on Collective Investment Schemes issued by the Monetary Authority of Singapore (the "Property Funds Appendix"), Lendlease Retail (being a subsidiary of a "controlling unitholder" of LREIT and a subsidiary of a "controlling shareholder" of the Manager) is (for the purposes of the Listing Manual) an "interested person" of LREIT and (for the purposes of the Property Funds Appendix) an "interested party" of LREIT.

Attachments