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PR Newswire
16-10-2013, 10:05 AM
Yield: Attractive distribution yield of 8.8% for Projection Year 2014 and 9.0% for Projection Year 2015 and 6.1% for Projection Year 2014 and 6.7% for Projection Year 2015 (excluding effects of the UE BizHub EAST Rental Arrangement, the TPCC Rental Support Arrangement and the Master Lease)
Gearing: As at the Listing Date, VI-REIT is expected to have borrowings of S$308.3 million with an Aggregate Leverage of 40.9%. The REIT Manager has obtained, in respect of VI-REIT, a preliminary credit rating of BB+ from Standard & Poor’s.
Gearing: As at the Listing Date, VI-REIT is expected to have borrowings of S$308.3 million with an Aggregate Leverage of 40.9%. The REIT Manager has obtained, in respect of VI-REIT, a preliminary credit rating of BB+ from Standard & Poor’s.