SBR National Business Award 2023 Winner: Lendlease Global Commercial Trust Management Pte Ltd
Lendlease Global Commercial Trust Management Pte Ltd won the Commercial Real Estate Trust award at the recently concluded SBR National Business Award 2023.
Before it acquired Jem, the company looked into the importance of asset quality, future developments, and sustainability. The acquisition was done in stages, with initial external communications to signal interest and internal communications to existing fund investors. The fundraising approach was adapted due to market conditions, with a flexible strategy involving multiple bankers and introducing perpetual securities. Watch this interview with Kelvin Chow, Chief Executive Officer, as he shares the key takeaway of the acquisition.
Learn more about them: Lendlease Global Commercial REIT receives award for transformational acquisition of Jem
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