BHG Retail REIT's distribution policy is to distribute 100.0% of BHG Retail REIT's Distributable Income for the inaugural financial year. Thereafter, BHG Retail REIT will distribute at least 90.0% of its Distributable Income for each financial year.
BHG Retail REIT will make distributions to Unitholders on a semi-annual basis, with the amount calculated as at 30 June and 31 December each year for the six-month period ending on each of the said dates. BHG Retail REIT's First Distribution will be for the period from the Listing Date to 30 June 2016 and will be paid by the Manager on or before 28 September 2016. Subsequent distributions will take place on a semi-annual basis.
The Manager will endeavour to pay distributions no later than 90 days after the end of each distribution period.
Distributions, when paid, will be in Singapore dollars.