REIT asset management is handled by a specialized Asset Manager, who provides leadership and guidance for the entire investment group. This expert is granted all the decision-making power, including the hiring of property managers, project managers, and acquisition specialists. The aim of the Asset Manager is to maximize capital appreciation, minimize expenses and tenant turn-over, and increase cash flows, while providing stability through diversification. This ensures steady income distribution and increased unit values.

In most cases, the Asset Manager is an experienced acquisition specialist, who understands the market and has a knack for identifying lucrative potential real estate investments. This person is also in charge of negotiations and securing properties. The Asset Manager must also have a keen understanding of re-zoning opportunities and innovative property reorganization. This is where extra value is created for unitholders. Because manager compensation is tied to performance, the best interest of the individual investor is taken into consideration.

Shielding investors from potential liability, the Asset Manager makes all purchasing and selling decisions and plays a key role role in the negotiation of prices. Bound by the terms of the REIT Declaration of Trust and the Asset Management Agreement, the Asset Manager has a corporate duty to advance the group’s interests.