Did I Apply For Lendlease Global Commercial REIT IPO?

Yes, I did.

I have expressed interest in the IPO in my past few posts, but it was not a firm decision at that point of time as I lack the time to look through and skills to analyst the prospectus. What I would normally do is to read up on the reviews by financial bloggers before making a decision of whether to apply for the IPO. This would save me a lot of time and allows me get the general public sentiments of the stock.

The following are some of the well-known bloggers' review of the IPO which I have read.

Lendlease Global Commercial REIT IPO Review – Best REIT IPO of the Year?
By Financial Horse

LendLease Global Commercial REIT IPO Should Do Well
By Investment Moats

Lendlease Global Commercial REIT IPO – Opportunities and Risk
By ProButterfly

The following is what I have gathered so far from online reviews and the pros and cons of the IPO.

After reading the various reasons from both sides of the camp, I do not see any compelling reasons for me to avoid the IPO. As only 22.72 million shares are available for the public, I am expecting the subscription to do well. My expectation is for it to be a long-term income generating stock and not for flipping on the first day.

Closing Date for Public Application: 30 September 2019 12 PM

Disclaimer: This post is not a recommendation or call to buy.