The A-REIT comprises of a one unit in the property trust which holds the portfolio of properties, and one unit in the management company, stapled together.
The local experiences with internalisation and removing a REIT manager have not been great so far. Here's why.
Internally managed REITs such as Australian or A-REITs are stapled securities, giving investors exposure to a real estate portfolio and a funds management company or property development business.
