Ogier advises on £43.7m IFC deal

Ogier advises on £43.7m IFC deal

Ogier has advised on the £43.7 million purchase of IFC1 – a recently completed office building in Jersey's new finance centre.

The building – leased out to six tenants– has been purchased by the Klesch Family Office.

The building provides 69,405 square feet of environmentally sustainable Grade A office space in the heart of St Helier and is complete with private car parking beneath the buildings.

Ogier partner Jonathan Hughes said: "We are very pleased to have advised on another high profile and high value commercial real estate transaction.

"This significant investment demonstrates confidence in Jersey, and the Island's financial services sector, and we are pleased to have played our part in this major deal."

The team on the deal included senior associate Sarah Parish from the Jersey property team, senior associate Martin Casas from the Guernsey property team, and Chloe Watson-Hill, an associate in the Jersey corporate team.