Offshore law firm Bedell Cristin advised The Royal Bank of Scotland International Limited in relation to real estate finance facilities made available to Ravenscroft Private Investment Fund Limited.
The team provided both Guernsey and Jersey law advice in connection with the financing of the acquisition by the Fund of primary office accommodation at Seaton Place and the Esplanade in Jersey.
The transaction involved the acquisition of Jersey and Guernsey property owning vehicles, the review of corporate and property due diligence and the production of a suite of Guernsey and Jersey finance documentation.
The Bedell Cristin team was led by Guernsey partner Kate Ovenden and global head of the corporate and finance practice, Tim Pearce. They were assisted by head of property, Jeff O’Boyle, senior associates Sukh Chana, Antony Clerehugh and associate Conor Moran.
Tim Pearce commented: “We are delighted to have once again worked with The Royal Bank of Scotland International Limited to successfully achieve the closing of this financing for the Ravenscroft Private Investment Fund Limited. Once again, this demonstrates our ability to field a team of talented professionals across the Channel Islands to provide premier real estate finance solutions to our clients.”