Next Generation Partners

Commercial property in Isle Of Man

Appleby

The team at Appleby advises clients on a wide range of matters covering purchases, sales and leasing of commercial properties. Managing partner Faye Moffett heads up the team and assists numerous clients in regards to the leasing of commercial and retail properties. Tom Brook is a real estate financing specialist and has provided advice in this area to a number of major international clients operating on the Isle of Man. Senior associate Alexandra Dernie has a strong understanding of commercial property transactions for major clients. Melissa Wong, also a senior associate, is another key name in the team.

Practice head(s):

Faye Moffett

Other key lawyers:

Tom Brook; Alexandra Dernie; Melissa Wong

Testimonials

‘Service has been very satisfactory.’

‘Alexandra Dernie and Melissa Wong are both very attentive.

‘They have the ability to listen and to explore in the early stages so that the advice provided is specific and relevant in all respects.’

‘Fee quotes provided are generally adhered to unless there is good reason to adjust those fee quotes – with any such adjustments required always communicated in advance so there are no misunderstandings later on.’

‘Individuals take their time to ensure the advice provided is fully understood by us clients.’

‘It comes across that there is good technical support within the office as all individuals come across very well and are in full command of all knowledge required to service the needs to the client.’

‘Responsive, helpful team.’

‘Good standard of work, client kept informed of progress.’

Key clients

Halfords Autocentres Limited

City Plumbing Supplies Holdings Limited

Investec Bank (Channel Islands) Limited

Douglas Bay Property Limited

DP Realty Limited

McDonald’s Restaurants Limited

Lloyds Pharmacy Limited

SDI (Isle of Man) Limited

Marks and Spencer PLC

Willis Group Services Limited

Meridian Realisations Limited

Manx Internet Commerce

Lloyds Bank Corporate Markets PLC

Zurich Financial Services (Isle of Man) Group Services Limited

Work highlights

  • Advised and prepared extensive due diligence on the client’s numerous Isle of Man based properties in connection with a new investment deal.
  • Advised the client on a new franchising arrangement for its Isle of Man outlet.
  • Advised the client in connection with new leasing and subleasing arrangements for key retail premises on the Island.

Cains

The commercial property team at Cains has a strong track record of both advisory and transactional matters; joint department head Alex Poole-Wilson has over 25 years of experience handling property transactions, while his fellow department head Tim Shepherd has in-depth knowledge of real estate financing. They are supported by associates Stephanie Chew, who specialises in complex financing transactions, and Holly McGarrigle.

Practice head(s):

Alex Poole-Wilson; Tim Shepherd

Other key lawyers:

Stephanie Chew; Holly McGarrigle

Testimonials

‘They dovetailed with us on a complicated transaction, supporting us on the Isle of Man aspects and taking responsibility for matters that were not initially in their scope. They were sufficiently well connected to also link with the clients’ other professional and administrative advisors/support, which was very helpful indeed.’

‘Stephanie Chew was the main contact and great to work with. She took responsibility for her tasks and was always available. She gave us the help and confidence in the Isle of Man parts of a very messy transaction, with counterparts who were not easy.’

‘Strong commercial skills, deep understanding of litigation issues with an outstanding litigation department. Knowledge of IOM law and IOM litigation assists with commercial contracts.’

‘Alex Poole-Wilson – excellent service including key timescales. Highly knowledgeable.’

Key clients

Habro Properties Limited

Biscayne Limited

Grant Thornton Limited

Newhaven Properties Limited

Manx Telecom Trading Limited

Heron and Brearley Limited

Newhaven Properties Limited

M&Co Trading Limited

Nedbank Private Wealth Limited

Lloyds Bank Corporate Markets plc

Isle of Man Assurance Limited

Four Seasons Healthcare Group

Twickenham Investments Limited

Work highlights

  • Advised Island-based real estate investor Biscayne Limited on the redevelopment of its office building at Heritage Court, Athol Street, Douglas and the lease of the property to KPMG LLC.
  • Advised Danish investor K/S Habro-Isle of Man in relation to the lease of its retail investment property at 32-36 Strand Street, Douglas.
  • Advised Grant Thornton Limited on a development and new lease of premises at Exchange House, Athol Street, Douglas from MOP Holdings Limited.

Humphrey & Helfrich

Humphrey & Helfrich, which recently rebranded from its former identity of Long & Humphrey, continues to be active in the commercial property space. Mark Humphrey has assisted a number of major hospitality clients in the acquisition and sale of properties. He also advises private clients on the management and sale of their land. Shona Quayle has experience in dealing with rural and urban properties.

Practice head(s):

Mark Humphrey

Other key lawyers:

Shona Quayle; Beth Greenhalgh; Stacey Meakin

Testimonials

‘The partners and staff know and appreciate our business and give relevant, cost-effective advice.’

‘Mark Humphrey is our main contact and we are grateful for his experience and advice.’

Keystone Law

Keystone Law has been involved in an array of high value commercial property transactions on the Isle of Man, advising major clients on financing matters. Sally Cranshaw  is an expert in real estate financings and has assisted numerous international clients in such matters. Geoff Kermeen  advises clients on high value acquisitions and disposals of commercial property. Associate Vicci Laslett focuses on commercial and residential conveyancing, but also has experience in matters pertaining to property financing and land acquisition.

Other key lawyers:

Sally Cranshaw; Geoff Kermeen; Vicci Laslett

Testimonials

‘Vicci Laslett provided excellent, prompt and accurate support for a property transaction based on the Isle of Man.’

Key clients

The Royal Bank of Scotland Group and The Royal Bank of Scotland International Limited

ARA Venn

Clearbell Capital LLP

Greenridge Investment Management Limited

Haven Homes Limited

John Derek Hunter

Deka Immobilien Investment GMBH

Henley Investments

Work highlights

  • Provided IoM legal assistance in connection with multiple transactions including the disposal of several assets including Sygnus Court, St Albans, Festival Way, Basildon, 53 Hatton Garden and the Link Portfolio (forming part of Clearbell’s Core Fund).
  • Prrovided advice in connection with the acquisition of the Isle of Man company Kish Twelve Limited from Golden Sense International Holdings Ltd (Hong Kong based) and its reconciliation to Jersey.
  • Provided IoM legal assistance in connection with various transactions including the acquisition of Riverside Retail Park, Northampton for c. £55m and subsequent re-financing.

Simcocks

Simcocks‘ commercial property team is headed by Irini Newby, who advises clients on a wide range of matters, from acquisitions and disposals to planning issues. She is assisted by Taryn Pyle, whose primary focus is residential property, but she has also advised commercial clients on a variety of matters.

Practice head(s):

Irini Newby

Other key lawyers:

Taryn Pyle