Investor Presentaiton
CPN
CPNREIT Accounting Impact
CPNREIT - Fee expenses
4
Fee expense
Property Management Fees - to CPN
- Property Management Fees
Commission for securing tenants
Rent collection fee
- Incentive fee
- Purchase and sale of property
Construction management Fee for
improvement/development
Annual Management fee - to SCBAM or
REIT Management Fee - to RM
CPNRF
CPNREIT
Not > 0.30% of NAV Not > 0.28% of appraisal value of investment properties ex hotel
Calculate from monthly rental rate
Not > 3% of total net rental income
Not > 2.35% of Net Property Income
1.5% of acquired property value and 0.75% of sold property value
2% of total cost of improvement
Not > 1% of NAV
Not >1% of Total asset values (floor not < Bt 15 mn in 2018), and
increase 3% per year
(0.275% of Total asset values)
Actual payment, not > 0.5% of NAV
Advertising, PR, Sale promotion expense
Not > 0.5% of NAV
Trustee fee - SCBAM
Registrar fee
Not > 0.05% of NAV
Not > 1% of Total asset values (floor of not < Bt 20 mn)
Not > 0.05% of NAV
As specified by the registrar
Prepared by CPN Investor Relations
Appendices
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