22 Sep 2020

Hatstone’s Jersey team advises on a Sharia’a compliant refinancing for BLME

Hatstone Lawyers in Jersey has advised the Bank of London and The Middle East plc (BLME) on the Jersey aspects of its successful Sharia’a compliant refinance of a £6 million London property for a high net-worth private client, alongside Druces’ London property and corporate teams, led by Partner, Gemma Wright, and Senior Associate, Claire Rigby.

Bella Ward, Group Partner, said:

“We are delighted to have advised BLME and worked again with the Druces’ team on this innovative transaction. It was a great opportunity to showcase the advantages of using Jersey property holdings structures in these types of financing and refinancing transactions.”

Gemma Wright, Partner, said:

 “We are pleased to have worked with BLME and Hatstone on this transaction.  Druces’ team brings wealth of experience in Sharia’a compliant work and, with the increased demand from Middle Eastern investors into London, and the UK generally, we look forward to working with BLME on future investments.”

 

Bella Ward

Simon Vivian

Group Partner Group Partner
P: +44 (0) 1534 761180 P: +44 (0) 1534 761186
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