Singapore Real Estate Investment Trusts (‘S-REITs’) have been a great investment asset class for the past decade. The definition of REIT is a listed vehicle that pools funds from investors to purchase real estate or real-estate related assets. While it has gained tremendous popularity amongst investors, not many realise the importance of Manager fees. In a ceteris paribus situation, a higher Manager Fee will eat into the distributable income of the unitholders. In this article, Heartland Boy will explain in great detail on:

• What type of fees do REIT Managers earn,
• What are the industry standards for Manger’s fees,
• What actions from the Manager should you watch out for.

This article will also contain a lot of jargon used in the REIT industry, you can refer to this useful list of REIT Jargon to clarify your understanding.

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