Dundee International
Documents
(SEDAR filing: 21 July 2011) Final prospectus for initial offering of units and convertible debentures of Dundee International REIT (the "REIT") (3607 K). Wilson
Summaries
Dundee International REIT IPO: TSX-listed mutual fund trust holding German rental properties through Caymans/Lux structure
Distributions
Expected to be $.06667 per unit per month (45% tax deferred for 2012), representing approx. 90% of AFFO (i.e., 90% of $.89 p.a.) including interest on the exchangeable notes. A DRIP with 4% bonus distributions, with the right to make additional optional cash purchases of up to $250,000 per year. Where the Canadian taxable income is not otherwise fully distributed in a year, additional units will be issued.
Full summary under Offerings - Foreign Asset Income Funds and LPs.