Spring Real Estate Investment Trust has announced the payment of management fees to its manager, Spring Asset Management Limited, for the period from 1 July 2025 to 30 September 2025. The manager is entitled to receive a base fee of 0.4% per annum of the value of the deposited property, calculated quarterly, and a variable fee of 3.0% per annum of the net property income before deduction of management fees. For the year ending 31 December 2025, the manager has elected to receive the base fee in the form of Spring REIT units, with the variable fee paid in cash. Following recent issuances of units as part of fee payments, the manager now holds approximately 4.51% of the total units in issue.
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