LIPPO-MAPLETREE - Lippo Malls Indonesia Retail Trust - Investor ...

Payable by LMIR TrustAmount payableservices, lease documentation and monitoring systems, and abuilding documentation system in relation to that Retail Mall. TheProperty Manager is entitled to the following fees:• 2.0% per annum of the gross revenue for the relevant RetailMall;• 2.0% per annum of the net property income for the relevantRetail Mall (after accounting for the fee of 2.0% per annum ofthe gross revenue for the relevant Retail Mall); and• 0.5% per annum of the net property income for the relevantRetail Mall in lieu of leasing commissions otherwise payable tothe Property Manager and/or third party agents.It is currently intended that the same fees will be paid to theProperty Manager under the Master Property ManagementAgreement for any other properties to be acquired by LMIRTrust after the Listing Date and managed by the PropertyManager.In relation to Authorised Investments in the form of real estate owned or held, or to be owned or held, eitherdirectly or indirectly, by a SPV, the fees payable to the Manager shall be calculated on the same basis as ifsuch real estate, or the pro-rated share of such real estate in the case where the interest of LMIR Trust inthe SPV is partial, had been held directly by the Trustee.54