Ogier, working closely with Ashurst LLP, assisted Arax Properties and Eurazeo on the acquisition. Arax Properties and Eurazeo acquired the Trinity Trading Estate.
The well-connected Trinity Trading Estate comprises a highly sought after multi-let trading complex located South East of London and totaling circa 410,000 sq ft (30,000 sqm) with strong rental reversion potential.
Arax Properties, an independent real estate operating partner with assets in the UK, France and Germany, made the investment alongside JV partner Eurazeo Patrimoine, the real estate division of the listed Eurazeo group.
The Ogier team was led by partner Simon Felton (Picture) working with Kate McCaffrey, Rob Burman and Ben Fraser.
The Ashurst team was led by partners Tim Gummer (tax and structuring), Tim Regis (real estate) and Jessica Jenner (real estate finance) alongside a multi-disciplinary Ashurst team.
Involved fees earner: Tim Gummer – Ashurst; Jessica Jenner – Ashurst; Tim Regis – Ashurst; Robert Burman – Ogier LLP; Simon Felton – Ogier LLP; Ben Fraser – Ogier LLP; Kate McCaffrey – Ogier LLP; Law Firms: Ashurst; Ogier LLP; Clients: Arax Properties; Eurazeo;