Ogier advises on major St Peter Port commercial office deal

Ogier has advised on the sale of Royal Bank Place, one of the biggest commercial office developments in St Peter Port to Channel Islands Property Fund.

As adviser to the sellers of the former Royal Hotel site, Group Partner Tim Clipstone led a combined corporate, banking and property team advising on all Guernsey law aspects of the banking and acquisition.

The Ogier team included senior associate James Walsh and associate William Schofield advising in respect of the corporate elements of the deal, partner Christopher Jones and associate Matthew MacFarlane in respect of the financing, and senior associate Martin Casas in respect of the property aspects.

Tim said: "We are pleased to have been able to advise on the sale of this landmark property – by combining our corporate, finance and property expertise on a transaction, we have been able to demonstrate once again the strength of our full-service offering on local transactions."

The property is home to the Royal Bank of Scotland International Limited, PwC and Apax and had been owned by the sellers since October 2017.