Far East Hospitality Trust IPO

Far East Hospitality prices $527 million Singapore IPO

With strong demand from a wide range of investors, the deal is fixed at the top of the range, indicating a yield of 6.3% for 2013.
<div style="text-align: left;"> Hillvista: one of Far East's properties </div>
<div style="text-align: left;"> Hillvista: one of Far East's properties </div>
August 16, 2012

Far East Hospitality Trust, a hotel-focused real estate investment trust, is set to raise S$656 million ($527 million) from its initial public offering in Singapore after pricing at the top of the indicative range.

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