Ogier advises on purchase of iconic Liver Building

Ogier in Guernsey has advised CORESTATE Capital Holding S.A. (CORESTATE) on the purchase of the iconic Liver Building – the first time that the building has changed hands since it was completed in 1911.

CORESTATE purchased the building for £48 million from the Royal London Mutual Insurance Society in a deal that completed last month.

The Liver Building is one of the most recognisable in Britain and is the former headquarters of the Royal Liver Assurance Limited.

The Grade One Listed building is part of Liverpool's UNESCO World Heritage Waterfront.

Partner Bryon Rees and managing associate Andrew Munro led the Ogier team in Guernsey.

Bryon said: "Transactions involving a genuine cultural icon are rare and we were delighted to support Corestate."