Prosperity REIT Manager Elects to Receive Majority of 2026 Fees in Units

Reuters
2025.12.02 08:52
portai
I'm PortAI, I can summarize articles.

Prosperity REIT announced that its fund manager, ESR Asset Management (Prosperity) Limited, will receive the majority of its 2026 management fees in units rather than cash. Specifically, 90% of the Base Fee and 70% of the Variable Fee will be paid in units. This decision, notified to the trustee on 2 December 2025, is irrevocable for the 2026 calendar year.