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Hi All,
Have a question here regarding REITs managers renumeration.
When looking at Sabana's AR, there is a section on how much the directors are paid. And there is a management fees in the statement. So am wondering if the directors get paid from the management fees, or are they paid separately.
Thanks in advance for any replies.
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(23-10-2013, 09:39 AM)NTL Wrote: Hi All,
Have a question here regarding REITs managers renumeration.
When looking at Sabana's AR, there is a section on how much the directors are paid. And there is a management fees in the statement. So am wondering if the directors get paid from the management fees, or are they paid separately.
Thanks in advance for any replies.
Some of them receive management fees in the form of units. E.g. Suntec
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ARA will sell off the units they received as management fees. After that, do they use the money to pay for the directors? Or the directors' pay come from a separate (unitholders) pocket?
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Thanks for the reply. So in this case, what is the directors pay will not affect the reits payout then.
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i posted this on Cache REIT forum but got no replied...
just wondering, why the property price of all industrial REITs seem to be very cheap vis a vis the current market price?
for ex, the average value of warehouse space in industrial REITs is about SGD100-200 per sqft, whereas the current median market price stands at SGD400-500 per sqft (according to Colliers and Savills) and even >SGD 800 per sqft (according to URA)
thanks..
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26-11-2013, 09:09 AM
(This post was last modified: 26-11-2013, 09:09 AM by cfa.)
If warehouses have no individual strata titles then prices will be lower , unless they pay a fee and get it converted.
They have to sell the whole building, not unit by unit.
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