Lawyers from Carey Olsen's corporate team in Jersey have advised European commercial real estate investor and asset manager M7 Real Estate on its proposed sale to Oxford Properties.
The acquisition, depending on regulatory approval, will see M7 continue to operate as a standalone business under the management of the current leadership team, Richard Croft and David Ebbrell.
For Oxford Properties, it provides the UK-based real estate investment firm with a specialist asset and investment management platform to help it accelerate its deployment of capital into multi-let industrial and urban logistics across Europe.
Working alongside onshore counsel Macfarlanes, the Carey Olsen team advising the managers and majority shareholders of M7 Real Estate on the sale was led by Partner James Mulholland, assisted by Counsel Claire Le Quesne and Associates Miriam Doukhan and Stephanie Hobbs.
The same Carey Olsen team has also advised M7 Real Estate, along with Kamco Invest Group, on the acquisition of three regional UK office buildings for £62.5m in Bristol, Cardiff and Maidenhead. Onshore counsel for these three transactions was Addleshaw Goddard.