Lendlease REIT

appl888

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sorry for the noob question, I get that I can just apply for this via DBS IBanking (under ESA). But lets say after 1 year, I am in the need of money and want to sell it, how to do I do that? Do I need a brokerage account like POEMS, DBS V ? If yes, how would the brokerage account know how much units I own?

You can apply for any brokerage account
You have to apply for cdp account internet access too
They will give you a user ID and password and you can log in yourself to sell
Before selling, log in to your cdp to check the number of units you have before selling
 

blue_denim24

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Thanks for the reply. Also I read in older posts all REITs are oversubscribed. For this REIT, is there a rough guess how much oversubscribed it would be? Lets say I want 5K to be invested, then how much should i submit in the IPO application? 5K or greater than 5K?
 

addict951

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Thanks for the reply. Also I read in older posts all REITs are oversubscribed. For this REIT, is there a rough guess how much oversubscribed it would be? Lets say I want 5K to be invested, then how much should i submit in the IPO application? 5K or greater than 5K?

5K? :o
May end up wif nothing or 300, 500 that kind. :o
敢敢 press 20K then end up wif 3 lots.
 

xpherta

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you buying 5 lots or spending $5k? For ipo it doesn't mean you apply five lots you will get all five

Thanks for the reply. Also I read in older posts all REITs are oversubscribed. For this REIT, is there a rough guess how much oversubscribed it would be? Lets say I want 5K to be invested, then how much should i submit in the IPO application? 5K or greater than 5K?
 

Kapish

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if you buy many lots and if rights issue next year you have to cough up even more money. recession is coming .....
 

xpherta

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This one high chance won't get everything one. I believe this one will be oversub.

Somemore if apply $10k worth, it's only 11(?) lots. Even not oversub you only get 4-6 max, which is $3.5k - $5k

Actually, I also thinking of spending abt $5k-$6k.



If press $10k worth and really end up getting $10k, also a bit sian.
 

ahboy82

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Can Stan char apply for ipo?
Can't seem to find the option. Anyone❓
 

wwf

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Apply too hope can get some

Wonder how come this REIT so popular with big corner investors including BlackRock
 
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