Fortune REIT Pays Management Base Fee with Cash and Units Totaling HK$27.88 Million to ESR Asset Management

Reuters

07-04

Fortune REIT Pays Management Base Fee with Cash and Units Totaling HK$27.88 Million to <a href="https://laohu8.com/S/01821">ESR</a> Asset Management

Fortune Real Estate Investment Trust (Fortune REIT), managed by ESR Asset Management (Fortune) Limited, has announced the payment of its manager's base fee for the period from April 1 to June 30, 2025. The payment totals HK$27,881,401 and is settled through a combination of cash and 4,601,840 Base Fee Units, priced at HK$4.847 per unit. This payment, in accordance with the Trust Deed, does not require prior approval from Unitholders as per the REIT Code. The transaction underscores Fortune REIT's adherence to established payment structures for management fees.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fortune Real Estate Investment Trust published the original content used to generate this news brief on July 04, 2025, and is solely responsible for the information contained therein.

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The payment totals HK$27,881,401 and is settled through a combination of cash and 4,601,840 Base Fee Units, priced at HK$4.847 per unit. This payment, in accordance with the Trust Deed, does not require prior approval from Unitholders as per the REIT Code. The transaction underscores Fortune REIT's adherence to established payment structures for management fees.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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The payment totals HK$27,881,401 and is settled through a combination of cash and 4,601,840 Base Fee Units, priced at HK$4.847 per unit. This payment, in accordance with the Trust Deed, does not require prior approval from Unitholders as per the REIT Code. The transaction underscores Fortune REIT's adherence to established payment structures for management fees.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fortune Real Estate Investment Trust published the original content used to generate this news brief on July 04, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1216","symbol_name":"多樣化房地產活動","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250704:nNDL4KWVFZ:1","article_id":"2548736186","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2548736186","pubTimestamp":1751619907,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Fortune Real Estate Investment Trust , managed by ESR Asset Management  Limited, has announced the payment of its manager's base fee for the period from April 1 to June 30, 2025. 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The payment totals HK$27,881,401 and is settled through a combination of cash and 4,601,840 Base Fee Units, priced at HK$4.847 per unit. This payment, in accordance with the Trust Deed, does not require prior approval from Unitholders as per the REIT Code. The transaction underscores Fortune REIT's adherence to established payment structures for management fees.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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