What about commercial property held in my Irish scheme?

Malta limits direct property to 10% of total fund value under its investment principles. You have two routes:

1. Gradual disposal: Show trustees a clear sale plan reducing property to ≤ 10%—they may grant a temporary exception.

2. Split transfer: Leave property behind in Ireland; transfer only cash/securities to the Maltese vehicle.

Either way, planning early avoids last-minute liquidity crunches and trustee queries.