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Guernsey law firm helps buy three other local firms

Guernsey law firm helps buy three other local firms

Thursday 11 January 2018

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".

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