Lendlease global commercial reit ipo opportunities and risk. Times properties private limited, a whollyowned subsidiary of sph, has on. Sph closes in on reit ipo with preliminary prospectus filing. Please download the free adobe acrobat reader to view these documents. Prospectus and product disclosure statement date of this offer document 22 july 2016 in relation to an offer of 414.
Page 1 of 7 media release sph plans listing of a retail reit paragon and the clementi mall will be injected into sph reit 1 upon listing of sph reit. Prospectus has been lodged with and registered by the monetary authority of singapore the. First pureplay china retail reit sponsored by a chinabased group. Securities act, and may not be offered or sold in the united states absent registration or an exemption from the registration requirements of the u. According to the prospectus, sph reit has been assumed to pay a constant 2.
As such, it comes as no surprise that the 4th sgx mainboard ipo of the year is yet another reit lendlease global commercial reit lendlease reit. Vanguard real estate etf prospectus the securities and exchange commission sec has not approved or disapproved these securities or passed upon the adequacy of this prospectus. Sph closes in on reit ipo with preliminary prospectus filing likely pushing through despite market uncertainty. A real estate investment trust, or just reit for short, is security investment vehicle that invests in real estate. This document comprises a prospectus relating to supermarket income reit plc the company prepared in accordance with the prospectus rules of the financial conduct authority the fca made under section 73a financial services and markets act 2000, as amended the prospectus rules and fsma. Sph added that times properties would subscribe for a 6. Prime us reit prime has just filed is preliminary prospectus with the mas just last week. Pro forma as the first financial period of sph reit, comparative figures are derived from the prospectus for the financial year ended 31 august 2012 and sixmonth period ended 28 february 20. Sph reit sph reit or the company lodged its preliminary prospectus with mas. Application has been made to singapore exchange securities trading limited the sgxst for permission to list on the main board of the sgxst and in connection thereto, prime us reit has received a letter of eligibility. Any representation to the contrary is a criminal offense. The sgxst assumes no responsibility for the correctness of any statements or opinions made or reports contained in this prospectus. Esrreit is committed to provide timely information and tools for investors including unit price, distribution information, latest news and corporate reporting. Keppel to acquire stakes in prime us reit and its manager.
The offer of units under this prospectus will be by way of an initial public offering in singapore ipo. Sasseur reit ceo anthony ang interviewed by money fm 89. Lendlease group seeking to list new reit on sgx, companies. Application has been made to singapore exchange securities trading. Beijing retail reit is the first retail reit sponsored by an established homegrown retail retail property operator in the prc beijing hualian department store co. This prospectus constitutes a public offering of these securities only in those jurisdictions where they may be lawfully offered for sale and therein only by persons permitted to sell such securities.
Singapore including stock price, stock chart, company news, key statistics, fundamentals and company profile. Looks like sph is the latest company to spin off their property assets into a reit ipo. Sph reit s eligibility to list on the main board of the sgxst does not indicate the merits of the offering, sph reit, the manager, the trustee, the sponsor, the global coordinator, the joint bookrunners or the units. Ireit is the first sgxst listed reit established with the investment strategy of principally investing, directly or indirectly, in a portfolio of incomeproducing real estate in europe which is primarily used for office purposes, as well as real estaterelated assets. Listed on the singapore exchange securities trading limited sgxst on date,to be added only on listing day it is. Keppelkbs us reit registers ipo prospectus, companies. The results of sph reit during its private trust period from 9 july 20 to 23 july 20 are insignificant.
Marion sub trust, which is whollyowned by sph reit, on thursday entered into a sale of land contract with investment management platform lendlease. Reit ipo with uk properties to launch next week the edge. In terms of income, post ipo, sph will receive a 70% share of income distributions from the proposed reit and will also collect a fee as the manager of the reit. Such real estate holding an include single family homes condos, apartments, skyscrapers. In particular, the units of sph reit have not been and will not be registered under the u. For me, as a shareholder, apart from doing nothing and collecting dividends which is pretty much what i have been doing for so many years, i will also look at possibly making an. Suntec reit t82u diversified reits 100% singapore 5,411 4. Manulife us reit day 2018 24 sep 2018 download presentation 2. Sydneyheadquartered lendlease group has lodged a prospectus to list a new reit real estate investment trust lendlease global commercial reit on the singapore exchanges sgx main board. Sasseur asset management joins sgx bull charge as premium partner. Reit prospectus prospectus for reit real estate investment trust services s team is the global leader in writing real estate prospectuses for reits.
Whether you are interested in key performance ratios, financial news and results, we hope that you will find what you need readily here. The information behind this electronic gatepost is only being made available to residents of singapore. We are committed to providing timely, high quality information to investors interested in key performance ratios, financial news or results. Singapore, 17 july 20 singapore press holdings limited sph or the sponsor is pleased to announce that its whollyowned subsidiary sph reit management pte. Prospectus name, no of schemes, date lodged, date registered, prospectus status. Sph reit about us the manager our portfolio investor relations newsroom contact us. Circular to unitholders in relation to the new master tenancy agreements for starhill gallery and lot 10 property and the asset enhancement works for starhill gallery. For those who would like to take a peak at the ipo prospectus, you can.
Sph reit is a singaporebased reit established principally to invest, directly or indirectly, in a portfolio of incomeproducing real estate which is used primarily for retail purposes in asiapacific, as well as real estaterelated assets. Note daily ohlc share price according to sgx ready market transactions. Amongst them are familiar names in singapore such as parkway parade, jem and paya lebar quarter. The ipo prospectus identifies some assets that lendlease group currently owns in singapore and europe which are likely to be assets that could be acquired by the reit in due course. Sph reit is established principally to invest in a portfolio of incomeproducing real estate. Lendlease global commercial reit ipo overview, risks. In particular, the units of prime us reit the units have not been and will not be registered under the united states securities act of 1933, as amended the us securities act, and may not be offered or sold in the united states unless registered under the us securities act, or.
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