Far East H-Trust lodges preliminary prospectus indicating S$656m IPO

Far East H-Trust lodges preliminary prospectus indicating S$656m IPO. The IPO price range is $0.86 to $0.93. Far East H-Trust consists of a real estate investment trust and a business trust. The projected yield is 6-6.5%


Source:
http://www.channelnewsasia.com/stories/singaporebusinessnews/view/1217790/1/.html

The trust consists of the following properties:

Other info:
Distribution policy:
Far East H-REIT’s distribution policy is to distribute 100.0% of Far East H-REIT’s Taxable Income for the Forecast Period 2012 and Projection Year 2013 and at least 90.0% ofits Taxable Income thereafter. The distribution will be made on a quarterly basis for the three-month periods ending 31 March, 30 June, 30 September and 31 December. Distributions, when paid, will be in Singapore dollars.

Gearing: 30.4%

The exact dates for the IPO are not finalized as of now. But investors can take a look at the preliminary prospectus here:
http://masnet.mas.gov.sg/opera/sdrprosp.nsf/0/91361ad5085a4b3648257a4f002de99b?OpenDocument