GLP J-REIT Overview
Structure
①Asset Management Agreement
② Fiscal Agent Agreement
③Investment Corporation Bond Administration Agreement and Service Agreement
④Asset Custody Agreement / General Administration Agreement / Transfer Agency Agreement
⑤Sponsor Support Agreement (support in market research, acquisition of assets, operations, leasing and managing properties)
- Each of the following companies indirectly holds GLP Japan Advisors Inc. and is therefore regarded as a “Specified Related Party” as defined in the Financial Instruments and Exchange Act (the Act): GLP Holdings Limited, GLP Holdings, L.P., GLP Topco Limited, GLP Midco Limited, GLP Bidco Limited, GLP Pte. Ltd. (hereinafter, “GLP”), GLPCP Humble Limited、GLP Capital Partners Limited、GLP Capital Partners Holdings 1 Limited、GLP Capital Partners Holdings 2 Limited、GLP Global FM HoldCo Limited、GLP Fund Management Holdings Limited and GLP Japan Pte. Ltd., and GLP J-REIT Master Lease Godo Kaisha are also regarded as “Specified Related Parties” as defined in the Act since the companies are conducting or have conducted transactions specified under Article 29-3, Paragraph 3, Item 4 (Real Estate Lending Transactions) of Order for Enforcement of the Act and thus are considered as “interested parties” of GLP Japan Advisors Inc.
Governance Structure for Related Party Transactions
- Approval of the J-REIT board is necessary for transactions that require the consent of J-REIT based on the resolution of the J-REIT board, and reporting to the board is necessary for other cases.
- Click here for more information on the governance structure (Report on the Management Structure and System of the Issuer of Real Estate Investment Trust Units and Related Parties)