TRUST STRUCTURE
Annual Report FY2012
ParkwayLife REIT
Structure of PLife REIT
The following diagram illustrates the relationship between PLife REIT,
the Manager, the Trustee and the Unitholders:
UNITHOLDERS
THE MANAGER
Parkway Trust
Management
Limited
Holding of Units
Management Fee
and Other Fees
Acts on Behalf of
Unitholders
Net Property
Income/Dividends
Ownership
Distributions
THE TRUSTEE
HSBC Institutional
Trust Services
(Singapore) Limited
ParkwayLife
REIT
THE
PROPERTIES
1
03
Note:
1
Refers to properties acquired by the Trust whether directly or indirectly held through the ownership of special purpose vehicles. In Japan, the ownership of the properties is held through the Tokumei Kumiai (“TK”) structure.
Management
and Other Services
Trustee’s Fee