Ogier advise Sinarmas Land Limited

Ogier in Jersey recently advised Sinarmas Land Limited, a listed Singaporean property developer, on its £84 million purchase of all of the units in a real estate unit trust scheme in relation to London property New Brook Buildings, 8-18 Great Queen Street.  A portion of the acquisition was funded through a financing transaction, in respect of which Ogier also acted.

Ogier Legal and Ogier Fiduciary Services worked together on this transaction with lead counsel Mayer Brown International LLP in London.  The Ogier Legal team was led by Tim Morgan (Partner) and assisted by Richard Spencer (Senior Associate) and Dilmun Leach (Associate); whilst Ogier Fiduciary Services was led by Andy Williams (Associate Director) and assisted by William Turner (Associate).

Tim Morgan commented:  "We are delighted to have worked with Sinarmas Land Limited on their first acquisition outside of Asia, and with Mayer Brown International LLP.  This has been an interesting transaction and has involved corporate, finance and unit trust issues over almost a 6 month period."