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Ogier advises Shimao on US$395 million sale of London real estate

Deal

25 May 2023

Jersey

Ogier in Jersey has advised Shimao Group on the US$395 million sale of Sancroft at St Paul’s in the City of London.

The office building is a 303,000 square foot, grade A property located at 15 Newgate Street. It was purchased by the Shanghai-based developer in 2015.

The Ogier team was led by partners Simon Dinning and Alexander Curry and included senior associate Chloe Watson-Hill and associate Alexandra Jones who acted alongside Baker & McKenzie LLP in London.

Ogier's multi-disciplinary Real Estate team has extensive experience working on the largest and most complex real estate transactions in the UK and Europe and provides clients with a full range of legal and administrative real estate services.

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