US Retail and Food Services Sales Growth Update
Trust Structure
Singapore
Unitholders
Ownership of Units
Distributions
Management Services
Trustee Services
Trustee
UNITED-HAMPSHIRE
REIT Manager
Trustee Fees
Management Fees
I
I
I
100.0%
Ownership
Dividends
Dividends
Singapore Sub 1
100.0% voting
Distributions
shares
100.0% Ownership
■ Management
Agreement
Singapore Intercompany
Loan Subs¹
I
United States
Parent US REIT
100.0%
Distributions
Ownership
U.S. Holding
LLC
100.0%
Distributions
Ownership
Property
Holding LLC
Properties
Note:
Loan
Interest
U.S. Asset
Manager
1. There are two wholly-owned Singapore Intercompany Loan Subsidiaries extending
intercompany loans to the Parent US REIT.
Tax Efficient Structure
.
• No U.S. corporate tax
(21%) and U.S.
withholding tax (30%)
• No Singapore corporate
tax (17%) and
withholding tax (10%)
Minimal taxes incurred
31
UNITED-HAMPSHIREView entire presentation