Sabana Shari'ah REIT

[steadyvalue]

What was particularly interesting in Quarz webinar was the future potential of the internal manager to be a platform and manage other property portfolios and earn even more fees for all unitholders. Like Capitaland and Keppel.

Hi steadyvalue,

Take note that there is a difference between asset manager and property manager. The asset manager manages the AUM (buy/sell/enhancement decisions etc). The property manager manages the property (collect maint fees/manages tenants/upkeep property etc)

So it might get messy if we are taking about Asset Manager here (it becomes the same situation as ESR manager managing different industrial REITs, resulting in potential conflict of interest). As for property manager, it is probably ok as it is mainly dealing with the operations, not the decision making stuff that the Asset Manager is responsible for.

Totally agree with you. probably they are talking more about property management and if its for asset management, they probably need to go for another sector and not industrial

but its interesting profit making opportunities which can increase income for unitholders