Ogier in Jersey, Guernsey and the Cayman Islands have acted for Gatehouse Bank plc

Ogier in Jersey, Guernsey and the Cayman Islands have acted for Gatehouse Bank plc on more than a dozen transactions using Jersey or Cayman Islands company acquisition structures to to buy UK real estate, including student accommodation, warehouse and office premises. The transactions have involved Shariah- compliant funding and conventional funding, with security over Jersey-situs assets. Ogier Jersey has also acted on successful disposals of some of these real estate assets, including Proctor & Gamble’s UK Headquarters, student accommodation and a core manufacturing facility of Rolls Royce. Gatehouse Bank plc instructed Ogier Jersey in establishing, alongside Sidra Capital (a Saudi Arabian and CMA- regulated Shariah-compliant financial services company), the £100m Sterling UK Real Estate Fund (SURF) to invest in Shariah-compliant commercial real estate in the UK.