Ogier's real estate team acts for lender in £12 million facility for Siena Group

Ogier's cross-sector real estate team in Jersey has acted for Alpha Property Lending in the successful completion of a new £12 million facility for the Siena Group and its "unique" Les Bardeaux development.

The Les Bardeaux development consists of 11 luxury sea view apartments on the island, which are due to complete in summer 2023.

The Ogier team was led by commercial property partner Katharine Marshall and assisted by Laura Shirreffs and Stephanie Button, providing support on the real estate security aspects of the transaction.

Hawk Lending Group acted as a secondary lender on this market-defining project. Savills, Colin Smith Partnership and RCP Finance were also involved.