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

Reuters

04 Jul

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.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2548736186"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2548736186\",edition:\"fundamental\",,,undefined,":{"share":"https://ttm.financial/m/news/2548736186?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-07-04 17:05","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2548736186","market":"nz","top_or_hot":-1,"title":"Fortune REIT Pays Management Base Fee with Cash and Units Totaling HK$27.88 Million to ESR Asset Management","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      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\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        <a href=\"https://laohu8.com/S/FRIVF\">Fortune Real Estate Investment Trust</a> (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.\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>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Fortune REIT Pays Management Base Fee with Cash and Units Totaling HK$27.88 Million to ESR Asset Management</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFortune REIT Pays Management Base Fee with Cash and Units Totaling HK$27.88 Million to ESR Asset Management\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-07-04 17:05</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      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\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        <a href=\"https://laohu8.com/S/FRIVF\">Fortune Real Estate Investment Trust</a> (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.\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\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1216","symbol_name":"多样化房地产活动","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. 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  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 i","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK1216":"多样化房地产活动","LU0149534421.HKD":"SCHRODER ISF HONG KONG EQ \"A\" ACC","LU0607220059.USD":"SCHRODER ISF HONG KONG EQUITY \"A\" (USD) ACC","01821":"ESR","BK1256":"零售房地产信托","BK1098":"零售业房地产投资信托","00778":"置富产业信托"},"translate_title":"置富产业信讬以现金及基金单位向ESR Asset Management支付管理基准费用合共2788万港元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00778":0.9,"01821":0.9},"content_text":"Fortune REIT Pays Management Base Fee with Cash and Units Totaling HK$27.88 Million to ESR Asset Management\n    \n\nFortune 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.\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. 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.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}