UBA T r uste e s r ole In RE IT s A pr e se ntation at the - - PowerPoint PPT Presentation

UBA T r uste e s’ r

• le In RE

IT s A pr e se ntation at the Apr il 2008 Goldman Asse ts RE IT Se minar title d “RE IT , the ne xt big thing be yond oil”.

About UBA Trustees

• T

he L e a ding Co rpo ra te T ruste e - T ruste e to fina nc ing a rra ng e me nts in e xc e ss o f N460 b illio n

• A sub sidia ry o f Afric a ’ s Glo b a l Ba nk, UBA Plc
• Ove r 4 de c a de s o f e xc e lle nt T

rust se rvic e s

• Re nde re d b y a c o re te a m with o ve r 5o ye a rs

a g g re g a te re le va nt e xpe rie nc e

• Ha ve c le a r le a de rship in skills, te c hno lo g y, b usine ss

size a nd pe dig re e

• Co -spo nso r o f this e ve nt a nd ma ny o the r re le va nt

fina nc ia l se mina rs.

WHAT WE DO

UBA T ruste e s L imite d is a Co rpo ra te T ruste e , this me a ns tha t we pro te c t inve sto rs, mo nito r

• b lig a tio ns, ho ld funds, se c urity, do c ume nts, rig hts,

sha re s, a nd o the r a sse ts a nd a c t g e ne ra lly o n b e ha lf o f b e ne fic ia rie s o f fina nc ia l tra nsa c tio ns. We a re invo lve d in a hug e ra ng e o f Mo ne y a nd Ca pita l Ma rke t tra nsa c tio ns (wo rth o ve r 460 b illio n na ira ) a nd o c c upy a c ritic a l a nd inde pe nde nt ro le in ma ny c o rpo ra te fina nc e , inve stme nt b a nking a nd a sse t ma na g e me nt tra nsa c tio ns.

OUR SE RVICE OF F E RINGS Public T r usts

T his c o ve rs a who le ra ng e o f trust se rvic e s to Go ve rnme nts a nd Pub lic I ssue rs suc h a s Sta te Go ve rnme nts a nd I ssue rs o f Pub lic De b t & Hyb rid instrume nts. Suc h se rvic e s inc lude Pub lic F unds T ruste e ship, Ce ntra l Co lle c tio n Ac c o unts, Bo nd T ruste e ship, Pub lic Pro je c ts a nd De ve lo pme nt fina nc e , T ruste e ship

• f

Mutua l F unds, SPV Administra tio n, Se c urity T ruste e ship, a nd o the r simila r se rvic e s to Pub lic Ag e nc ie s. Our c lie nte le inc lude s the F e de ra l Go ve rnme nt AND 6 Sta te Go ve rnme nts.

OUR PRODUCT S & SE RVICE S

Corpora te T rusts

T rust se rvic e s to c o rpo ra te e ntitie s, inc luding fo re ig n a nd do me stic le nde rs / inve sto rs, I ssue rs o f de b t & hyb rid instrume nts. Suc h se rvic e s inc lude I nve sto r Pro te c tio n, Bo nd T ruste e ship, Se c urity T rusts, De b e nture T rusts a nd simila r se rvic e s. I t inc lude s se rvic e s to priva te a nd pub lic funds, Re a l E sta te I nve stme nt SPVs a nd Re a l E sta te I nve stme nt T rusts (RE I T s).

Priva te T rusts/ E sta te Pla nning

Se rvic e s de sig ne d to ma ke e ffe c tive , e nduring a nd stre ss fre e a rra ng e me nts fo r de pe nda nts, a nd in the dispo sa l a nd o rde rly distrib utio n o f c lie nt’ s a sse ts.

ROL E OF T RUST E E IN RE IT S An inde pe nde nt a nd impa rtia l third pa rty pla ying a ke y role AND c ha rg e d with prote c ting / bridg ing the inte re sts of Unit holde rs a nd F und Ma na g e rs.

T he c o nc e pt o f trust e na b le s the truste e to b e the le g a l o wne r o f the RE I T ’ s a sse ts b ut ho ld the m ‘ o n trust’ fo r the Unit ho lde rs, the re a l b e ne fic ia rie s who a c tua lly re c e ive the b e ne fits fro m the inve stme nts

• f the F

und.

SPE CIF IC ROL E OF T RUST E E S IN RE IT S

Custo dy o f funds a nd do c ume nts re la ting to the inve stme nts /

a sse ts o f the T rust

Pro te c ting the Asse ts o f the T

rust a g a inst je o pa rdy

Appro va l o f I

nve stme nts o f the T rust

Mo nito ring c o mplia nc e b y the F

und Ma na g e r with I SA, T I A a nd SE C re g ula tio ns a nd T rust De e d pro visio ns

Mo nito ring the re nditio n o f re q uisite re g ula to ry re turns a nd

re po rts b y the F und Ma na g e r.

Mo nito ring the re g iste r o f Unit ho lde rs Ca lling a nd pre siding o ve r me e ting s o f Unit ho lde rs Gra nting re q uisite a ppro va ls a nd e xe rc ising disc re tio ns a s ma y

b e re q uire d o n b e ha lf o f unit ho lde rs o n no n-ma te ria l c ha ng e s in T rust De e d te rms to a c c o mmo da te sub se q ue nt c ha ng e s in c irc umsta nc e s o r in the la w.

BE NE F IT S F ROM ROL E OF T RUST E E S IN RE IT S

Re g ula to ry c o mplia nc e I

nspire I nve sto r c o nfide nc e

Re nde r a dministra tive suppo rt Pro te c ting the Asse ts o f the T

rust a g a inst je o pa rdy

E

nha nc e tra nspa re nc y

I

nde pe nde nt re po rting to Re g ula to rs a nd I nve sto rs

Ge ne ra lly impro ve g o ve rna nc e sta nda rds

VAL UE ADDING CAPABIL IT IE S OF UBA T RUST E E S

SPV OWNE

RSHI P

Dire c to rship o f SPV F

ull a dministra tive se rvic e s, inc luding re g iste re d a ddre ss, a ssig ne d re spo nsib ility Offic e rs, c o rre spo nde nc e ha ndling e tc

Ac c e ss to e xte nsive UBA ne two rk a nd re mitta nc e c a pa b ilitie s,

do me stic a nd inte rna tio na l

Supe rio r te c hno lo g y Ha nds o n e xpe rtise fro m simila r o ffe ring s E

xpo sure fro m le a ding T ruste e ro le in RE I T se mina rs, wo rksho ps a nd the SE C RE I T study to ur to Sing a po re

Supe rio r pa yme nt so lutio ns/ pa ying a g e nc y c a pa b ility.

OT HE R CORPORAT E SE RVICE S

• Provide c ompe te nt

c ompa ny dir e c tor s for spe c ial pur pose ve hic le s (SPVs) a nd othe r e ntitie s.

• Compa ny se c re ta ria l

support se rvic e s for priva te

• r

public limite d c ompanie s inc luding SPVs

T he se se rvic e s a re a va ila b le whe the r o r no t UBA T ruste e s is invo lve d in the tra nsa c tio n a s truste e

Se c re ta ria l Se rvic e s inc lude :-

• c o mpa ny se c re ta ria l a dvic e
• ma inte na nc e o f sta tuto ry

b o o ks

• a re g iste re d o ffic e a ddre ss
• a rra ng ing a nd do c ume nting

AGMs

• pre pa ra tio n o f e le c tive a nd

spe c ia lize d re so lutio ns

• me e ting a dministra tio n

(inc luding a g e nda c irc ula tio n, me e ting a tte nda nc e a nd minute pre pa ra tio n). Anc illa ry ro le s, suc h a s ho lding ha re / lo a n no te re g iste rs, pa rtic ipa ting in de a dlo c k c o mpa ny a rra ng e me nts, a nd ho lding a nd e xe rc ising the rig hts o f spe c ia l sha re s (suc h a s "g o lde n”, sha re s, o r b lo c king sha re s).

Contac t Pe r sons

F

• r furthe r info rma tio n, ple a se c o nta c t any o f the fo llo wing : -

Oluwa to yin Sanni - <sanni.o luwato yin@ubagro up.c o m> Ade nike Aja yi - <to kunbo .ajayi@ubagro up.c o m.> F unmila yo E kunda yo -<e kundayo .funmilayo @ubagro up.c o m>

• r write to : -

UBA T ruste e s L imite d Abuja Offic e :

2nd F lo o r, UBA Ho use , 18, Ade mo la Ade to kunb o Cre sc e nt, (2nd F lo o r), 57, Ma rina , L a g o s Wuse 2, T e l: (01) 2642265/ 2715749 Ab uja. T e l: 08037870683, 08051353946 F ax: (01) 2713820