Carey Olsen's corporate team in Guernsey has advised European asset and investment management specialist Apeiron on the sale of Poland House in east London to a UK student housing development platform.
The site, on Stratford High Street, was acquired by Apeiron in 2015 and incorporates a student housing site and an adjoining vacant property (part of the former Three Mills East Filling Station) suitable for redevelopment.
The transaction is Apeiron's second in London in the past 12 months and follows the sale of the Queensway House office, also in Stratford, in the summer of 2018, on which Carey Olsen also advised.
Working alongside UK counsel Mishcon de Reya, the Carey Olsen team advising Apeiron on the sale of Poland House was led by Partner David Crosland, assisted by Senior Associate Vicky La.
Besides Apeiron's activity in the UK, the company has been active in Germany, where it has transacted close to €900m in value during the past 12 months.