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KB Star REIT links management fee to market capitalization at 0.24% annually

PUBT·10/30/2026 07:46:22
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KB Star REIT links management fee to market capitalization at 0.24% annually
  • KB Star REIT amended KB Asset Management's base management fee agreement on Oct. 30, 2026, shifting to market capitalization-linked fees.
  • From accounting period 10, fees are 0.24% annually of the previous month's average market capitalization, payable monthly, excluding VAT.
  • Previously, annual fees were 0.18% of total share issuance proceeds, including debt-funded asset purchases.
  • The amendment waives base management fees from May 21 through Oct. 29, 2026, with no late-payment damages payable.
  • The change aims to align manager and shareholder interests by reducing management fees when the share price falls.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. KB Star REIT Co. Ltd. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261030800893), on October 30, 2026, and is solely responsible for the information contained therein.