According to the report from an individual adviser, both the proposed management fee review carried out by the AMP NZ Office Trust (ANZO) and the plan to change it to a company from a trust are positive for the investors but it still have to define a fundamental issue.

As per the KordaMentha report which was published on the previous day said that the changes proposed by the ANZO would be profitable for the investors and mangers.

The report also said the changes would raise the ability of the investors to influence the governance of the company. Most of the investors believe that internalizing the management of the local listed property entity would unlock the value for the investors, which is acquiring to the external managers currently.

It is clear that the shareholders of the manager, AMP Haumi Management Ltd (AHML) is not in the support of the internalization of the management in the review process. The experts say the investors in the AHML would not agree to the internalization of the management without receiving the desired value.

There is also a concern that it would result a potential loss of the human capital.