Vital Healthcare investors to vote on new fee structure

Wed, 02 Oct 2019

Vital Healthcare Property Trust's investors will be asked to vote on a new management fee structure that will reduce both the management and incentive fees and will make explicit a number of others. The notice of meeting for the annual meeting on Oct. 31 lays out the impact of the new fee structure compared with the old structure and shows unitholders would have paid $1.9 million less in total fees in the 2018 financial year and $980,000 in 2019 under the new structure. The savings that would have occurred had the new structure been in pl...

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