Ogier takes lead in complex multi-million pound deals

The property team in Ogier’s Jersey office has also acted for Jones Lang LaSalle in the sale of units in the Procession House Unit Trust, a Jersey property unit trust, and its asset, a long-term leasehold in Procession House on Ludgate Hill in the City of London.

The sale of the lease to a UK-based property company realised in the region of US$100,000,000.

Speaking about the two transactions, Chris Byrne, lead partner, said: ‘We are delighted to have advised on these significant transactions. ‘They form part of a growing number of complex cross-service transactions that the team has been involved in.’

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