Lendlease Reit to acquire remaining stake in Jem mall at $2.08b agreed value

February 15, 2022 8:26 AM

SINGAPORE (THE BUSINESS TIMES) – Lendlease Global Commercial Reit (LReit), which currently indirectly holds a 31.8 per cent stake in Jem mall, has proposed to acquire the remaining interest in the prime Jurong property at an agreed value of $2.079 billion.

Source : https://www.straitstimes.com/business/property/lendlease-reit-to-acquire-remaining-stake-in-jem-mall-at-208b-agreed-value