08 May 2019

Carey Olsen advises on £60 million commercial property sale

A cross-practice team from Carey Olsen has advised an overseas investor on its successful purchase of Martello Court and Dorey Court in Guernsey for £60.65 million from a fund advised by Brockton Capital.

The prime office buildings, located at Admiral Park in St Peter Port, offer 89,100 sq ft of Grade A office space.

The Carey Olsen cross-practice team was led by property partner Davey Le Marquand with support from senior associates Arya Hashemi (corporate) and John Le Tissier (property) and associate Colin Calvert (corporate).

Mr Le Marquand said: "Martello Court and Dorey court are iconic Guernsey commercial properties and we were delighted to advise our client on this transaction. The purchase also underlines the continued attractiveness of Guernsey's property market as an investment opportunity."