LISTING PROSPECTUS / SHAREHOLDERS' CIRCULARS

LENDLEASE GLOBAL COMMERCIAL REIT

Shareholders' Circulars 14 Feb 2022

Circular to Unitholders in relation to: 1. The proposed acquisition of the remaining interest in Jem through: (I) The proposed asset acquisition of Jem from Lendlease Commercial Investments Pte. Ltd. and Lendlease Retail Investments 3 Pte. Ltd., and (II) The proposed acquisition from Lendlease International Pty Limited of shares representing approximately 13.05% of the Issued Share Capital of Lendlease Asian Retail Investment Fund 3 Limited, which holds 75% interest in Jem, as an Interested Person Transaction; 2. The proposed issue of New Units to Lendlease International Pty Limited (or its nominee) in satisfaction of the consideration for the proposed acquisition of shares in Lendlease Asian Retail Investment Fund 3 Limited, as an Interested Person Transaction; and 3. The proposed issue of up to 1,265,346,000 New Units under the Equity Fund Raising

Description:

CIRCULAR TO UNITHOLDERS IN RELATION TO: 1. THE PROPOSED ACQUISITION OF THE REMAINING INTEREST IN JEM THROUGH: (I) THE PROPOSED ASSET ACQUISITION OF JEM FROM LENDLEASE COMMERCIAL INVESTMENTS PTE. LTD. AND LENDLEASE RETAIL INVESTMENTS 3 PTE. LTD., AND (II) THE PROPOSED ACQUISITION FROM LENDLEASE INTERNATIONAL PTY LIMITED OF SHARES REPRESENTING APPROXIMATELY 13.05% OF THE ISSUED SHARE CAPITAL OF LENDLEASE ASIAN RETAIL INVESTMENT FUND 3 LIMITED, WHICH HOLDS 75% INTEREST IN JEM, AS AN INTERESTED PERSON TRANSACTION; 2. THE PROPOSED ISSUE OF NEW UNITS TO LENDLEASE INTERNATIONAL PTY LIMITED (OR ITS NOMINEE) IN SATISFACTION OF THE CONSIDERATION FOR THE PROPOSED ACQUISITION OF SHARES IN LENDLEASE ASIAN RETAIL INVESTMENT FUND 3 LIMITED, AS AN INTERESTED PERSON TRANSACTION; AND 3. THE PROPOSED ISSUE OF UP TO 1,265,346,000 NEW UNITS UNDER THE EQUITY FUND RAISING