Bedell Cristin has advised Menora Mivtachim Insurance Company (Menora), one of the five leading insurance and financial groups in Israel, managing assets amounting to some $80 billion, on its investment of £112 million for 13.6% of Brockton Everlast.
Brockton Everlast is a real estate investment company formed in 2018 focusing on the office sector in the London Metropolitan area. Since its inception, it has acquired 5 office buildings in central locations in London, Oxford and Cambridge, with a total investment of £646 million.
The Bedell Cristin team, working with Bryan Cave Leighton Paisner LLP, was led by Guernsey Managing Partner, Kate Ovenden, assisted by Senior Associate, James Walsh and Legal Assistant, Steven Zandvliet.
Kate Ovenden commented: "We were delighted to be instructed to advise Menora on the Guernsey aspects of this significant investment and to assist BCLP in delivering a successful outcome for our mutual client."