Yes. Such management fees usually include some form of base fee (think of it as your basic salary) and performance related fees (think of this component as your bonus) Base fees are usually based on metrics such as distributable income, or valuation of the property Performance fees can be pegged to gross revenue, DPU growth, NPI, etc. There can also be an acquisition fee or divestment which is paid when the REIT acquires or sells a property. What you want to look out for will be the structure of the fee. For example, if it is based on property valuation, then it's very easy to grow base fees via acquiring new property as this increases the size of the REIT overall, but doesn't mean that the REIT will do better as a result of the new acquisiton.