Unitholders furious over an agreement to reward Newmark Property REIT’s manager with a $22.5 million fee as part of a $247 million merger with Bunnings’ landlord will attempt to call a shareholder vote to spoil the deal.
Winston Sammut of Euree Asset Management. Louie Douvis
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Tom Richardson writes and comments on markets including equities, debt, crypto, software, banking, payments, and regulation. He worked in asset management at Bank of New York Mellon and is a member of the CFA Society of the UK as a holder of the Investment Management Certificate. Connect with Tom on Twitter. Email Tom at tom.richardson@afr.com
