Disclaimer: all info in this post are base on my written notes and thoughts, it may not be accurate at all. Readers are most wise to do their own homework and due diligence. ARA AGM at Suntec City Convention - 10 am Was happy to receive a door gift of $20 voucher (10+5+5), ARA is currently my biggest position at 60,000 shares so my following post may be strongly biased. CEO started off by explaining the 3 core components of ARA.... REIT management, Private funds and Property Management. The REIT management segment provides the bulk of recurring income,  the earnings are stable and AUM in this area grows constantly. In the current environment, its difficult to list new reits.. however on the upside with the low interest rates its easier for the existing ones to gear up cheaply to make acquisitions. (thus increasing AUM) In the coming years, a big ......