Link Asset Services appointed as real estate fund administrator
Latest news
Link Asset Services appointed as real estate fund administrator 06 December 2017London Reporter: Stephanie Palmer
Image: Shutterstock
Warehouse REIT, a specialist warehouse investor managed by Tilstone Partners, has selected Link Asset Services to provide fund administration.
The mandate follows Warehouse’s successful £150 million initial public offering earlier this year, and its admission to Aim, the London Stock Exchange’s market for small and mid-cap companies.
This is also the Link Group’s first new client since its acquisition of Capita Asset Services (CAS) last month.
As well as fund administration, Link will provide the real estate investment trust with company secretarial and registrar services.
Gordon Shaw, managing director for fund solutions at Link Asset Services, said: “This appointment … recognises our expertise in administering REIT structures, as well as the ongoing investment we have made in our processes and Yardi system, developed specifically for the real estate fund sector.”
“Link Asset Services will continue to deliver enhanced client value through ongoing investment in technology, people and processes, putting us in an excellent position develop strong partnerships with our existing and new clients.”
Peter Greenslade, finance director at Tilstone Partners, added: “Link Asset Services has been a valuable resource during the period leading up to the IPO.”
“We are aware of the team’s extensive knowledge of real estate funds and this assisted us in making the decision to appoint Link Asset Services to administer our fund.”
NO FEE, NO RISK 100% ON RETURNSIf you invest in only one asset servicing news source this
year, make sure it is your free subscription to Asset Servicing Times
Image: Shutterstock 