Investor Presentaiton
Investor Presentation
Fee Structure
Transparent and Aligned
Administration Fees
Operating Fees
Fee Type
Property Management
Leasing Commission
Only when no broker is involved
Construction Fee / Development Fee
Asset Management
Calculation
Payment Frequency
3% x collected revenues
New leases: 5% x lease value for <6 yrs; 2.5% x lease
value for 6-10 yrs; 1.25% x lease value for > 10 yrs
Renewals: 50% of new lease schedule
Monthly
½ at closing
12 at occupancy
4% x property and tenant improvements and
construction cost
Project completion
0.75% annual x appraised asset value
Quarterly
Hurdle rate
9%
High watermark
Yes
Incentive
Fee
10%
Currency
100% in CBFIS
6 months
Lock up
Annually
at IPO anniversary
FIBRA
PROLOGIS
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