Jersey lawyers Edward Scott and Co advised Fifty-Eight Capital on the sale of London mixed-use building Holborn Gate to Hoi Hup Realty Pte Ltd.
Holborn Gate is located next to Chancery Lane Station an comprises around 159,000 sq. ft. of office and retail space. Hoi Hup already owns properties nearby, at 322 High Holborn and 44 Southampton Buildings.
The Edward Scott and Co team advised on the Jersey aspects of the sale and worked closely with Dentons (English counsel) and Moore Stephens (the Jersey corporate administrator). Hoi Hup were advised by Mayer Brown and Ogier.
Edward Scott (pictured) said: “We have been busy again this year with a number of London commercial real estate transactions where the property is held by a Jersey vehicle.
“Our small team advises on all the Jersey aspects of the transactions (both corporate and finance) and we think this ensures that the service we offer is responsive, efficient and competitive. We were delighted to be chosen to act on this transaction for Fifty-Eight Capital”.
