f l e x i B l e A N D D e D i C A T e D f U N D A D M i N i S T R A T i O N

f l e x i B LE A N D D E D I C A T E D FUND ADMINISTRATION Real Estate Services f ocus ed F UND ADMINISTRAT ION As a real estate fund manager, you a...
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f l e x i B LE A N D D E D I C A T E D FUND ADMINISTRATION Real Estate Services

f ocus ed F UND ADMINISTRAT ION As a real estate fund manager, you are facing increasing challenges from a dynamic institutional investor base and diversity of fund structures. With Northern Trust as your fund administration partner, you will enjoy adaptable and flexible solutions that offer the highest levels of control and integrity. This gives you the freedom to focus on your core business – meeting investment objectives.

Real estate fund managers face increasing challenges to meet investor demands and demonstrate robust operating and risk management processes. Northern Trust understands these issues and opportunities. We have been administering real estate funds since the 1980s and are committed to actively partnering with you to bring your products to market and provide flexible administration solutions. Northern Trust’s technical knowledge and appreciation

S E R VIC E S O L U T I O N S

of the needs of real estate fund

Northern Trust understands that no two funds are alike, and

managers enables us to provide the

will work closely with you to design an adaptable solution that

robust operational infrastructure

accommodates your unique and changing needs. We offer a

necessary to administer real estate

degree of customisation and dexterity usually associated with

funds with timeliness, efficiency

boutique administrators – but with the advantages of being

and integrity. Our dedicated focus

one of the world’s leading financial institutions.

on real estate fund administration allows you to concentrate on growing and retaining your investor base.

Our wide-ranging services include:

Fund Establishment and Structuring n

Assistance with the formation of funds and related fund structures, including investment holding companies and feeder funds.

Acquisition, Disposal, Leasehold and Works Approval Processes n

Co-ordinating the approval process for the fund’s acquisitions, disposals, leases and periodic works agreements, including circulation of investment recommendations, board resolutions and the execution of documentation.

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Flexibility to conduct deals outside of normal working hours and provide staffing continuity the following day.

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Capital Drawdowns n

Capital drawdown processes, customised to reflect your requirements, including management of the process from the receipt of money to assistance with cash management ahead of the investment.

Distributions n

Co-ordinating the payment of regular income distributions and the return of realisation proceeds to investors.

Fund Accounting n

Assistance and advice in establishing the optimum fund accounting framework for your real estate fund.

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Calculation of net asset values.

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Preparation of financial statements.

Investor Services n

Processing investor dealing.

n

‘Know your customer’ and anti-money laundering services.

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Flexible, tailored reporting solutions based on your requirements.

Corporate Secretarial n

Northern Trust is one of the world’s leading providers of asset servicing, asset management and wealth management services. Founded in 1889, we have a history of strength and stability.

Comprehensive board meeting services, including organising

Today, we are a global leader in

meetings, producing the board papers, and recording the

combining high-touch client service

minutes and action points.

and expertise with innovative products and technology.

Regulatory Reporting/Compliance n

Maintaining statutory records and assisting with the preparation

provided from our offices in

of regulatory filings.

Guernsey and Ireland. We admin-

Stock Exchange Listings n

Real estate fund services are

ister real estate funds set up as companies, trusts and limited

Acting as a listing sponsor and providing comprehensive guidance

partnerships for funds incorporated

for applications on the Channel Islands Securities Exchange (CISE).

or established in a range of international jurisdictions.

Custody and Fiduciary Services n

Provision of custody and fiduciary services as required.

NORTHERN TRUST |

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Experience and Expertise Northern Trust provides the administration infrastructure for a range of real estate fund types, including residential, retail, office and industrial. Many of these funds have a global investment reach with a particular focus on the United Kingdom, Europe and the Far East. Funds are serviced by experienced administrators with a practical understanding of the issues facing real estate investment managers. Where appropriate, we operate dedicated teams within our administration capability that enable us to respond quickly and efficiently to your needs. We seek an effective partnership with fund promoters and understand your specific cultural and structural requirements. For More Information Please visit northerntrust.com

Effective Technology Robust systems support the production of timely and accurate data. Our systems handle complex requirements such as multiple partnerships, as well as more standard structures.

Beyond Real Estate Fund Administration Northern Trust provides comprehensive fund administration solutions for conventional funds and alternative asset classes including private equity, hedge and fund of hedge funds. Fund administration can be integrated with Northern Trust’s banking operations, which include foreign exchange and cash management services.

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N O R T H E R N T R U S T l o c a t i ons Abu Dhabi Amsterdam Bangalore Beijing Chicago Dublin Frankfurt Guernsey Hong Kong Kuala Lumpur Limerick London Luxembourg Melbourne New York Riyadh Singapore Stockholm Tokyo Toronto

© 2014 Northern Trust Corporation. Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A. Incorporated with limited liability in the U.S. Products and services provided by subsidiaries of Northern Trust Corporation may vary in different markets and are offered in accordance with local regulation. This material is directed to professional clients only and is not intended for retail clients. For Asia-Pacific markets, it is directed to institutional investors, expert investors and professional investors only and should not be relied upon by retail investors. For legal and regulatory information about our offices and legal entities, visit northerntrust.com/disclosures. The following information is provided to comply with local disclosure requirements: The Northern Trust Company, London Branch; Northern Trust Global Services Limited; Northern Trust Global Investments Limited. The following information is provided to comply with Article 9(a) of The Central Bank of the UAE’s Board of Directors Resolution No 57/3/1996 Regarding the Regulation for Representative Offices: Northern Trust Global Services Limited, Abu Dhabi Representative Office. Northern Trust Global Service Limited Luxembourg Branch, 2, rue Albert Borschette, L-1246, Luxembourg, Succursale d’une société de droit étranger RCS B129936. Northern Trust Luxembourg Management Company S.A., 2, rue Albert Borschette, L-1246, Luxembourg, Société anonyme RCS B99167. Northern Trust (Guernsey) Limited (2651)/Northern Trust Fiduciary Services (Guernsey) Limited (29806)/Northern Trust International Fund Administration Services (Guernsey) Limited (15532) Registered Office: Trafalgar Court Les Banques, St Peter Port, Guernsey GY1 3DA.

northerntrust.com

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