The properties, Gaspé House and 27-28 Esplanade, in St Helier, are worth a combined total of over £131 million and are owned by Seaton Place Limited’s recently launched Silk Road Opportunities Fund.
The Burges Salmon team, led by partner Katie Allen, advised MIM on the English law aspects of the deals. Ogier LLP, led by partner Katrina Edge, advised on the Jersey law finance and property aspects of the deals.
Katie Allen comments: “These deals were particularly significant as they were MIM’s first ever Jersey-based investment. It was great working with the teams at MIM and Ogier, and this is a strong example of our ability to deliver on high value, cross jurisdictional transactions in tandem with our network of preferred international firms.”