Ogier in Jersey, Guernsey and the Cayman Islands have acted for Gatehouse Bank plc on more than a dozen transactions

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.