Bedell Cristin advises GI Partners on £82.7m acquisition

Bedell Cristin has advised GI Partners, a leading private investment firm, on the Guernsey and Jersey legal aspects of its £82.7 million freehold acquisition, in partnership with Rowan Asset Management ("Rowan"), of Aldwych House, a 163,000 square foot office building located in he heart of London's midtown office district. The transaction was funded by capital from GI Partners Fund III LP, with investments coming from Rowan and Taurus Investment Holdings, LLC and debt finance provided by Nationwide Building Society.

Jersey law advice was provided from Bedell's London office by a team led by partner Bruce Scott and Bedell's Guernsey team was led by partner Kate Ovenden. Bedells was instructed by Trowers & Hamlins LLP on behalf of the buyer.