The manufacturingfacilityandcar park are leased to Riviera Marine (Int) Pty Ltd (mainoperationalentityin theRivieraGroup) and the river bed is sub-leased to the sameentity.
By creating an entity called a taxable REIT subsidiary (TRS), the companies can separate the operational side of their private prison management from the real estate side of owning and generating income from correctional facilities.