Warehouse REIT plc has appointed Link Asset Services to provide its fund administration, company secretarial, and registrar services, following its successful £150 million IPO and Admission to AIM.
With more than 40 years’ experience and a full range of services to Real Estate funds, Link Asset Services’ reputable customer base continues to expand. Working with 50% of the UK REIT’s Market, Link Asset Services delivers end-to-end financial solutions including fund administration and accounting, tailored IPO services including corporate governance, and regulatory compliance support.
The appointment by Warehouse REIT plc is the first new client to be announced since Link Group completed its acquisition of London headquartered Capita Asset Services (CAS) last month. Warehouse REIT is managed by Tilstone Partners Limited.
Gordon Shaw, Managing Director, fund solutions at Link Asset Services, said: “We are pleased to share a strong working relationship with Warehouse following their IPO, and we look forward to working together as Link Asset Services. This appointment also 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 of Tilstone Partners Limited, 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. This has already been demonstrated by assisting us with a review of set-up documents and providing examples of best practice. We are positive that our relationship will continue to go from strength to strength.”
Link Group is a market-leading provider of technology-enabled solutions in financial and corporate markets. The company is listed on the Australian Securities Exchange with a market capitalisation of approximately AUD $4billion and is included in the S&P/ASX100.
Warehouse REIT plc, the AIM listed specialist warehouse investor recently raised £150 million through an IPO to invest in a diversified portfolio of UK warehouses located in urban areas.