CAPITA APPOINTED TO ADMINISTER AEW UK REIT
AEW UK REIT, which is managed by AEW UK Investment Management LLP (AEW UK), has appointed Capita Asset Services as fund administrator and company secretary.
Managing director of Capita’s specialist fund services business, Gordon Shaw, said: “We highly prize our long standing relationship with AEW UK. Capita is able to provide full fund administration, accounting and company secretarial services to support REITs, and with in-house tax experts and wide real estate management capabilities, is able to offer a comprehensive support service to all REIT managers. We have invested heavily in our systems and developing expertise in order to meet the various nuances that arise from supporting REITs operationally.”
Catherine Delplace, operations director at AEW UK added: “Capita has been appointed as fund administrators of the AEW REIT Trust for its reputation in the specialist funds industry including real estate. The team has provided invaluable support since our first engagement and has consistently demonstrated in depth knowledge of the fund structure and asset class.”
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For further information contact:
Capita press office
Tel: +44 207 654 2354 or +44 207 654 2399 (out of hours)
Capita press office
Tel: +44 207 654 2386 or +44 207 654 2399 (out of hours)
Note to Editors:
Capita Asset Services’ fund solutions business is part of Capita plc, with market capitalisation of around £7.5bn. The fund solutions business employs 500 employees servicing over 300 funds in the UK, Ireland, Luxembourg and the Channel Islands with over £70bn of assets under administration at 31 March 2015.
Capita Asset Services is a trading name of the following companies: Capita Financial Managers Limited, Capita Financial Investments Limited and Capita Financial Administrators Limited which are authorised and regulated by the Financial Conduct Authority, Capita Financial Administrators (Ireland) Limited and Capita Financial Managers (Ireland) Limited which are authorised by the Central Bank of Ireland, and Capita Sinclair Henderson.
Date: 02 Jun 2015