Ogier advises on £40 million sale of Northern Ireland retail park

Ogier has represented long-standing client Intu Properties PLC on their recent £40 million sale of Sprucefield Retail Park in Lisburn, Northern Ireland to investment trust, NewRiver.

Intu is one of the UK's leading shopping centre owners, developers and managers, with a portfolio of shopping centres in both the UK and Spain including Manchester's Trafford Centre.

The Ogier team advising on the Jersey legal aspects of the deal comprised partner Raulin Amy, managing associate Marie-Claire Fudge and associate Chloe Watson-Hill.

Having originally worked on the acquisition of Sprucefield in 2014, partner Raulin Amy commented: "We're delighted to have had the opportunity to represent Intu in relation to this major real estate transaction, once again demonstrating our team's strength in this sector."