It's also worth mentioning the claims being made about "rfm taking advantage of rff" as if unitholders are unaware of the structure or as if there's something wrong with this structure (I don't believe there is, or I would have sold).
I would guess that most of us who have bought DO understand the structure of an Australian REIT and why this setup is needed. How would you run this business without management? Will the trust just manage itself?
https://en.wikipedia.org/wiki/Australian_real_estate_investment_trust
Scroll down to the section about management.
Of course RFM is being compensated for it, this is not some shocking revelation to anyone, but it does highlight just how these international reports are clearly not familiar with how common this structure is. I would have thought they would be doing their homework regarding this.
Anyway, this is just my opinion on the matter and others may have their own...but as long as the dividends continue at a sustainable rate I am happy with management being compensated.
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