Reitway Global selects Prescient Fund Services for Malta fund range
Reitway Global (Pty) Ltd (Reitway Global), a specialist global listed real estate investment manager and adviser has selected Prescient Fund Services (Ireland) Limited as the fund administrator to its Maltese fund range consisting of the Reitway Global Property Fund (MLT) SICAV, and the Reitway Enhanced Global Property Fund (MLT) SICAV.
The Reitway Global Property Fund invests in global real estate and property-related securities and seeks to generate high current income. However, investors may also benefit from the capital appreciation that comes with real estate assets. The Reitway Enhanced Global Property Fund provides geared exposure to a master portfolio of real estate investment trusts (REITs) and REIT-like equities. Both funds are regulated by the Malta Financial Services Authority as Professional Investor Funds.
“Expanding Reitway Global’s presence internationally is our priority and the new partnership with Prescient is another significant milestone in this process. The results of an extensive due diligence exercise on Prescient gives me confidence that both ourselves and our clients are in the hands of a professional, experienced and reputable organisation. We look forward to a mutually beneficial and expanding partnership with Prescient,” says Greg Rawlins, CEO of Reitway Global.
“We are proud to have been selected by the Reitway Global team as they embark on the next phase of growth. We are also excited to be able to expand our service capabilities to include fund administration for Maltese regulated funds and we expect this client segment to grow,” says Rob Childs, Head of International at Prescient Fund Services.