What We Do - For Real Estate Funds

Dedicated Real Estate Fund accounting and administrative team.

Tailored fund administration and accounting solution to fit each Real Estate Fund.

Assistance on Fund establishment, including liaison with legal counsel, real estate tax advisors, regulators and placement agents
Review of Limited Partnership Agreement from an operational point of view
Design and tailoring of call letters, accounts and investment reports to meet individual G.P. and L.P. requirements
Assistance with Investor Due Diligence on the Fund’s Administration and Processes
Know-Your-Customer and Anti-Money-Laundering checks on L.P.s (where required)
Development of Service Level Agreement to facilitate future Key Performance Indicator (KPI) reporting

Maintenance of all accounting/financial records for real estate assets and the Fund
Generation and distribution of all call letters and monitoring for receipt of cash
Payment of all expenses
Calculation and payment of all management fees
Modelling and systemisation of carry distributions
Calculation and Payment of all distribution monies
Preparation of periodic investor reporting
Preparation of annual accounts
Calculation of IRRs (Fund, Real Estate and Investor) and other performance metrics
Management of audit process and production of annual financial statements
Production of data for tax reporting (including US tax reporting)
Participation in investment process
Collection of data, from real estate assets and SPVs, at regular intervals and reporting
Due diligence of managing agent accounting records
Flexibility to work with multi managing agents
Real Estate purchase take on reconciliations
VAT submission data collation
Purchase ledger processing
CIS Submissions (Construction Industry Scheme)

Processing of all calls and distributions including cash monitoring
Production and distribution of monthly, quarterly and annual reports to L.P.s as required
Issue Manager Reports and “mailshots”
Reporting to the G.P. as required
Dealing with Investor queries
Dissemination of data for tax reporting (including US tax reporting)
Ongoing Know-Your-Customer and Anti-Money-Laundering checks on L.P.s (where required)
Secure online web access for all investor reporting

Augentius administers all the relevant Carry, Founder Partner and Co-Investment vehicles as required by the structure, providing a complete service

CONTACT US

Please use our contact form to get in touch with Augentius and we will get right back to you

t: +230 403 0808

f: +230 403 0809

Level 3, Alexander House

35 Cybercity, Ebene

Mauritius