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Carey Olsen's corporate team in Guernsey has advised European asset and investment management specialist Apeiron on the sale of prime student housing accommodation in East London.
The Poland House site, which is located on Stratford High Street, was acquired by Apeiron in 2015 and incorporates a student housing site and an adjoining vacant property suitable for redevelopment.
The transaction is Apeiron's second in London in the last 12 months and follows the sale of the Queensway House office, also in Stratford, in the summer of 2018 which Carey Olsen also advised on.
Working alongside UK Counsel Mishcon de Reya, the Carey Olsen team advising Apeiron was led by Partner David Crosland, assisted by Senior Associate Vicky La.
"We are pleased to have acted for long-standing client Apeiron in the sale of Poland House and the adjoining land, a site that offers an exciting and extensive development opportunity in East London," said Mr Crosland. "The sale also underlines Carey Olsen's continued expertise in handling significant real estate transactions of this kind."
Pictured top: David Crosland.
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