$Frasers Cpt Tr(J69U.SG) renewed 5-years property management agreements for 4 Singapore malls till 3031.

Fee structures for 3 properties are set at 2% of gross revenue plus 2% of net property income annually, along with an additional 0.5% NPI fee, which will cover leasing commissions.

For the 4th property, Waterway Point, the structure is based on 2% of gross revenue and 2.5% of NPI without a separate leasing commission structure.

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