SEO Version
Financial
Statements
Management Reports
95
1
GENERAL
(continued)
(b) Manager’s management fees
(continued)
The Manager may elect to receive the management fees in cash or Units or a combination of cash and/or
Units (as it may in its sole discretion determine).
(c) Property management fees
Under the property management agreements in respect of each property, the property managers will
provide lease management services, property tax services and marketing co–ordination services in relation
to that property. The property managers are entitled to the following fees:
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($& f[h Wddkc e\ j^[ d[j fhef[hjo _dYec[1 WdZ
&$+ f[h Wddkc e\ j^[ d[j fhef[hjo _dYec[ _d b_[k e\ b[Wi_d] Yecc_ii_edi ej^[hm_i[ fWoWXb[ je j^[
property managers and/or third party agents.
(d) Acquisition fee
For any authorised investment acquired from time to time by the Trustee on behalf of the Trust, the
acquisition fee payable to the Manager shall be:
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WYgk_h[Z Xo j^[ Jhkij \eh b[ii j^Wd (&& c_bb_ed1 WdZ
'$& e\ j^[ fkhY^Wi[ fh_Y[ _d j^[ YWi[ e\ Wdo Wkj^eh_i[Z _dl[ijc[dj WYgk_h[Z Xo j^[ Jhkij \eh
$200 million or more.
The acquisition fee payable in respect of any authorised investment acquired from time to time by the
Trustee on behalf of the Trust from CapitaMalls China Income Fund, CapitaMalls China Income Fund II,
CapitaMalls China Income Fund III, CapitaMalls China Development Fund III, or CapitaMalls Asia Limited
shall be 1.0% of the purchase price paid by the Trust.
No acquisition fee was payable for the acquisition of the initial property portfolio of the Trust.
The acquisition fee is payable to the Manager in the form of cash and/or Units (as the Manager may elect) at
the prevailing market price provided that in respect of any acquisition of real estate assets from interested
parties, such a fee should, if required by the applicable laws, rules and/or regulations, be in the form of Units
issued by the Trust at prevailing market price(s) and subject to such transfer restrictions as may be imposed.
Anypayment to thirdparty agents or brokers inconnectionwith the acquisitionof any authorised investments
for the Trust shall be paid by the Manager to such persons out of the deposited property of the Trust or the
assets of the relevant special purpose vehicle, and not out of the acquisition fee received or to be received
by the Manager.
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