Cambridge Industrial Trust to slash performance fees

Fri, Apr 18, 2014 - 6:00 AM

Lee Meixianleemx@sph.com.sg@LeeMeixianBT

THE manager of Cambridge Industrial Trust (CIT) has decided to amend the calculation method of its performance fees - this will reduce the fees by about half - with immediate effect.

Speaking at the Reit's fifth annual general meeting, the manager said its Tier 2 performance fee will be

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