Offshore law firm Bedell Cristin has advised the Royal Bank of Scotland International in connection with loan facilities made available to the Channel Islands Property Fund for its acquisition of Guernsey commercial property.
The team provided Guernsey and Jersey law advice in connection with the financing of the acquisition by the Fund of Royal Chambers and the Rotunda.
The transaction also involved a refinancing of the existing facility to the fund, the portfolio of which comprises high-end commercial properties in Guernsey, Jersey, and the Isle of Man.
The Bedell Cristin team was led by Guernsey Partner Kate Ovenden and Jersey Partner Tim Pearce, assisted by Senior Associates Ann Halliday and Antony Clerehugh and Associates Marc Piano and Kellie Oliveira.