Ogier takes lead in complex multi-million pound deals

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OGIER in Jersey has acted for Goldman Sachs as arranger and lender for a £15,000,000 refinancing operation on behalf of Barchester Healthcare Homes Ltd, the UK organisation which operates the Lakeside residential care home in St Peter.

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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