Manager responsibilities: oversee REIT asset investment, valuation, disclosure and compliance obligations, and maintain segregation of activities. The manager of a REIT is the primary decision maker for investments, development and divestment of REIT assets, must ensure legal and marketable title and enforceable contracts, appoint and supervise valuers, auditors and other service providers, ensure valuations and NAV computation per regulation, arrange asset insurance, maintain adequate infrastructure and personnel, and fulfil disclosure, reporting and compliance obligations including filings, distribution declarations, segregation of activities and redressal of unit holder grievances.