"Personally, given the long-standing arrangement I think it would be hard for SCG to raise fees significantly at this point without their motives being called into question. "
Their motives?
They are a for-profit organisation, whose directors are accountable to their shareholders.
What other motive do they need?
[*]
The RE is currently charging the trust 30% of what the management agreement stipulates it is entitled to charge. At the stroke of a pen, the "concession" could be removed.
[*] In fact, if I was a Scentre Group shareholder one of the questions I'd ask the directors is why they are actively causing my company to be subsidising the shareholders of another company.
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