Mackenzie Realty Capital Inc. has amended its Advisory Management Agreement with MacKenzie Real Estate Advisers, LP, effective January 1, 2026. Under the revised terms, the company will pay a Base Management Fee equal to 1.25% of its Gross Assets Under Management, excluding depreciation and amortization. The amendment also introduces a Bonus Management Fee of 5% of adjusted funds from operations (AFFO) each quarter, while eliminating Acquisition, Debt Financing, and Disposition Fees. The agreement now features a rolling five-year term and includes provisions for fees in the event of non-renewal or termination for reasons other than cause.

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