APPF Retail’s seven-year domestic deal progresses to launch

On 11 May, the seven-year domestic deal for Lendlease Real Estate Investments, as responsible entity of Australian Prime Property Fund Retail (APPF Retail) (A+ by S&P), progressed to launch. The forthcoming transaction has minimum volume of A$100 million (US$73.6 million) and initial price talk of 130 basis points area over semi-quarterly swap.