07-08-2013, 06:33 PM
This should largely answer your questions:
[Image: FarEastTrustStruture.jpg]
FEHT is a stapled security comprising of a REIT + Business Trust. The assets are held in the REIT which mean the prevailing rules (distribution of 90% of net income etc) applies. The Business Trust is current dormant.
The trust and REIT is separated. The income from the REIT cannot be transferred to the trust in the manner you described.
[Image: FarEastTrustStruture.jpg]
FEHT is a stapled security comprising of a REIT + Business Trust. The assets are held in the REIT which mean the prevailing rules (distribution of 90% of net income etc) applies. The Business Trust is current dormant.
The trust and REIT is separated. The income from the REIT cannot be transferred to the trust in the manner you described.