12th September 2017
Langham Hall congratulates its latest REIT client, Triple Point Social Housing REIT Plc (SOHO), having successfully raised £200 million for its listing on the Specialist Fund Segment of the LSX on 8 August 2017, which was oversubscribed.
To assist SOHO with the listing, Langham Hall provided a one-stop shop service for REIT services working with Taylor Wessing on the review of the prospectus and disclosures in conjunction with the delivery of the AIFM Hosting services, preparation of FPPP (Financial Position and Prospects Procedures), Depositary, Administration and Company Secretarial services.
Justin Hubble, General Counsel of Triple Point Investment Management LLP, said: “Within the tight timeframe that we were working towards, it was helpful that we were working with Langham Hall under the same umbrella group for all of the services we need to get SOHO up and running. It helped that there was a central point of contact to disseminate information required by the separate services.”
Hanny Tirta, Langham Hall’s Head of AIFM Services, welcomed the appointment and commented, “With so many streams of work to project manage getting a REIT off the ground, we aim to take as much burden off the fund sponsor by coordinating the various services Langham Hall can provide and we have the experience and skill set to do so.”
Managing Partner, Rob Short added, “Langham Hall has been investing heavily into a REIT-focused service delivery to allow us to provide our clients with an all encompassing, streamlined service and we are delighted to add to our growing number of REIT clients.”
Langham Hall has been servicing REITs since 2014 and in the past 12 months has been appointed on 5 successfully launched REIT funds.
For more information regarding our REIT services please contact:
Head of AIFM Services
T: 020 3597 7907
Head of UK Real Estate
T: 020 3597 7934
T: 07 775 806 308