The company said that it does not have any direct interest in LREIT’s voting units, and that its deemed interest arises through Fullerton, DBS Group Holdings, and SeaTown Holdings, its independently-managed portfolio companies.
This brings Temasek’s total stake in LREIT to 4.93% (or 57.8 million units) from 5.18% previously (60.7 million units).
Units in LREIT closed flat at 68 cents.
See also: Lendlease Global Commercial REIT to be part of GPR APREA Investable REIT 100 Index