Guernsey law firm helps buy three other local firms

Thursday 11 January 2018

Collas Crill has acted in the acquisition of three Guernsey companies, in a deal worth a combined £31.5 million.

The offshore law firm was acting for Pacific Industrial & Logistics REIT Plc and its subsidiary, Alanchoice Limited, in the multi million pound deal.

The acquisition included the purchase of a portfolio of six logistics real estate assets from investor Oxenwood YPL Limited, bringing the total value of Pacific Industrial's investment portfolio to £125m.

Lead by senior associate Simon Heggs, Collas Crill's team worked with Trowers & Hamlins LLP who were the UK counsel acting for Pacific Industrial.

Mr Heggs said: "We are delighted to have been able to assist Pacific Industrial and the team at Trowers & Hamlins on this significant addition to Pacific Industrial's existing property portfolio. It has been a pleasure to work with Ian Dobinson, Helen Fysh and their teams at Trowers who managed a logistically complex transaction in a smooth and seamless manner".