Managers of Fourways Mall are granted an option to buy shares equivalent to up to 15% of the property’s interests, following their role in steering a turnaround, according to reports. The deal includes a new fee structure described as an “upside” component, linking parts of managers’ compensation to value outcomes.
Both outlets report that the arrangement also creates binding ties between the parties for a set period. The terms reportedly keep the managers and other stakeholders aligned for the next five years, limiting how the relationship can change during that time. While both sources focus on the availability of the 15% purchase option and the inclusion of the upside-related fees, they do not provide conflicting details about the core mechanism of the agreement.
Overall, the reporting indicates a performance-linked structure: managers receive compensation benefits tied to upside while simultaneously gaining a potential pathway to take a minority ownership position, subject to the option’s conditions and the duration of the contractual relationship.
