The Capital Markets (Real Estate Investment Trusts) (Collective Investment Schemes) Regulations

91. Remuneration of a REIT manager

Edition: 2023-10-06 · In force

The REIT manager of a REIT may be remunerated—

(a)by way of an annual fee charged to the fund;

(b)through an issue of REIT securities in the REIT;

(c)by way of a profit share from—

(i)the sale of the real estate in the case of a D-REIT;

(ii)increase in net earnings of the REIT or achievement of earnings above a minimum specified hurdle rate; or

(iii)the realization of value on the conversion to an I-REIT or listing; or

(d)by a combination of paragraphs (a) to (c).