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Bedell Cristin acted as Jersey counsel for Aviva Investors and PSP Investments (PSP), one of Canada’s largest pension investment managers, on the sale to PSP of a 50% stake in a central London portfolio. The deal is designed to unlock a wealth of development opportunities in the portfolio, which comprises a mix of both stabilised income-generating assets and development opportunities in both the City and West End of London. Aviva Investors will act as asset and development manager.

The Bedell Cristin London team was led by partner Bruce Scott and senior associate Amedeo Claris. Law firm Berwin Leighton Paisner acted for Aviva Investors as lead English counsel.