Tuesday 23 April 2024
Select a region
Business

Carey Olsen advises on £60m commercial property sale

Carey Olsen advises on £60m commercial property sale

Monday 20 May 2019

Carey Olsen advises on £60m commercial property sale

Monday 20 May 2019


A cross-practice team from Carey Olsen has advised an overseas investor on its successful purchase of Martello Court and Dorey Court in Guernsey.

The properties were bought for £60.65million from a fund advised by Brockton Capital.

The prime office buildings located at Admiral Park in St Peter Port offer 89,100 sq ft of Grade A office space.

The Carey Olsen cross-practice team was led by Property Partner Davey Le Marquand with support from Senior Associates Arya Hashemi and John Le Tissier and Associate Colin Calvert.

Martello Court and Dorey Court are iconic Guernsey commercial properties and we were delighted to advise our client on this transaction," Mr Le Marquand said. "The purchase also underlined the continued attractiveness of Guernsey's property market as an investment opportunity."

Pictured top: Davey Le Marquand from Carey Olsen's Guernsey office.

Sign up to newsletter

 

Comments

Comments on this story express the views of the commentator only, not Bailiwick Publishing. We are unable to guarantee the accuracy of any of those comments.

You have landed on the Bailiwick Express website, however it appears you are based in . Would you like to stay on the site, or visit the site?