something interesting,
net property income 10,525
trust manager's fee 2,998
administritive expense 3,221
nearly 30% of trust manager's fee?
30+% of administrive fee?
financial cost 9,047
almost equals to the net property income.
what's left....
it is more like a financial company rather than a property trust... all gain arose from financial income, exchange gain...
annualized net property income around 45 mil, asset value almost 2 billion, return 2.25%, given that half their asset not generating income, so return 5%.
commercial property lease in China should be 40 years, so what is the return exactly?
net property income 10,525
trust manager's fee 2,998
administritive expense 3,221
nearly 30% of trust manager's fee?
30+% of administrive fee?
financial cost 9,047
almost equals to the net property income.
what's left....
it is more like a financial company rather than a property trust... all gain arose from financial income, exchange gain...
annualized net property income around 45 mil, asset value almost 2 billion, return 2.25%, given that half their asset not generating income, so return 5%.
commercial property lease in China should be 40 years, so what is the return exactly?