Far East Hospitality Trust IPO

Far East Hospitality seeks $528 million from Singapore IPO

The roadshow kicks off today, with cornerstone investors having signed up for more than half of the deal, and the price range indicating a yield of up to 6.8% for 2013.
<div style="text-align: left;"> Most of Far East Hospitality's properties are in the upscale Orchard Road area </div>
<div style="text-align: left;"> Most of Far East Hospitality's properties are in the upscale Orchard Road area </div>
August 06, 2012

Far East Hospitality Trust, a hotel-focused real estate investment trust, is set to start the roadshow today for an initial public offering that could raise up to S$718 million ($578 million).

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