Lendlease REIT

[chowck]

Oh dear!

Heard that Manulife reit asking for money again!

This will be the 4th time (incl IPO) raising cash.

How to expect it to test $1?

DBS give TP of $1.10 somemore.

 

[Merg91]

Happy to grab any excess for most rights.

Oh dear!
Heard that Manulife reit asking for money again!
This will be the 4th time (incl IPO) raising cash.
How to expect it to test $1?
DBS give TP of $1.10 somemore.

 

[Paul Lee]

Oh dear!

Heard that Manulife reit asking for money again!

This will be the 4th time (incl IPO) raising cash.

How to expect it to test $1?

DBS give TP of $1.10 somemore.

Happy to grab any excess for most rights.

Pls stay on topic.

Manulife Life REIT thread is here

Thank you.

 

[craftage]

Feel like lendlease dumping stuff they don't want into this reit lei.

313 have alot of issues and they never include JEM and PLQ and Parkway. Don't know what we are really buying into with this

 

[Pocoyoz]

Which listed reit s are comparable?

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[foolosophy]

Yeah I immediately thought of huat. But don’t think it will. Doesn’t seem a prospective bet.

That's just the indicative price but high chance it would be the price becos of the auspicious sounding nature of the price.

Interesting that even a foreign company is picking up on what is essentially an Asian quirk. Probably DBS doing.

 

[skywind]

Feel like lendlease dumping stuff they don't want into this reit lei.

313 have alot of issues and they never include JEM and PLQ and Parkway. Don't know what we are really buying into with this

Hi, do you mind sharing what are the issues that 313 is facing? Thanks

 

[Merg91]

Did they say you huat?
They usually huat huat.

Razer founder big huat but the ipo subscribers /early buyers are dead.

Yeah I immediately thought of huat. But don’t think it will. Doesn’t seem a prospective bet.

 

[Opps-gal]

I believe this is the most latest news

https://www.theedgesingapore.com/lendlease-step-closer-listing-mall-reit-sgx-reports

https://www.businesstimes.com.sg/re...us500m-with-retail-reit-listing-on-sgx-report

With lawsuit is good buy or goodbye?

 

[Layers]

With lawsuit is good buy or goodbye?

wat lawsuit?

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[Paul Lee]

wat lawsuit?

The parent company Landlease (listed in Australia) is the subject of 2 class action lawsuit taken by shareholders of the company "alleging that it misled the market and failed to adequately disclose the long-running problems affecting its Engineering and Services Business, which led to a single-day share price drop of 18 per cent in November 2018."

SOURCE: Lendlease class action

Lendlease Faces Second Class Action

 

[Guojing88]

But those lawsuits have nothing to do with 313 correct? Are there any issues with 313, beyond what affects Orchard Road shopping belt as a whole?

 

[lightchaser]

313 is in prime shopping belt. prone to recessionary pressure. 1st one to get hit in recession as tourists all stop spending or coming.

 

[Merg91]

https://www.investingnote.com/posts...il&utm_term=0_e0c90c76bb-a7b46e54ca-516605697

 

[Toni90]

313 is for local one. Most the shop there not expensive.

 

[Paul Lee]

But those lawsuits have nothing to do with 313 correct? Are there any issues with 313, beyond what affects Orchard Road shopping belt as a whole?

Correct. craftage make a generic statement about issues without 313 without elaborating or source.

So form your own conclusion. Actually, a walk through 313 would probably tells you more than anything anyone else says in this forum.

 

[Sadisticnoob]

..

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[foolosophy]

Not worth paying for

 

[tcwehcs]

Don’t think 5.8% is low. Compare with MCT, CMT it’s cheap.

Not sure what you guys think. But the projected yield of 5.8% seems Low.

 

[CaptainTeo]

The parent company Landlease (listed in Australia) is the subject of 2 class action lawsuit taken by shareholders of the company "alleging that it misled the market and failed to adequately disclose the long-running problems affecting its Engineering and Services Business, which led to a single-day share price drop of 18 per cent in November 2018."

SOURCE: Lendlease class action

Lendlease Faces Second Class Action

Paul. Are u pressing?