Mourant Ozannes property team has advised SANNE on the pre-let agreement to lease around half of Building no. 5, the next building to be constructed at the Jersey International Finance Centre (JIFC).
SANNE’s new Jersey headquarters is due to be completed in August 2018 and will house 320 members of staff, making it the company’s largest office globally. This significant pre-let agreement is one of many successful major developments advised on by Mourant Ozannes property team this year, which has now acted for the lead tenants in both JIFC buildings.
Mourant Ozannes Counsel and lead advisor to SANNE, Pamela Doherty, said: "This is a significant move for SANNE, reflecting their commitment to the island as they continue to grow on both a local and global scale and take on their largest premises to date. "It also marks continued confidence in Jersey as a premier international finance centre and the beginning of work on Building 5 of the JIFC, which is great news for Jersey and the economy."
Peter Messervy-Gross, Operations Director at SANNE, said: “We are delighted to have secured this new state of the art, efficient office space in a prime location in Jersey. Jersey has always played an important part in our heritage, so being able to commit our future to the island as we continue to grow is great for our staff and clients alike. Having worked with Pamela and the Mourant property team in the past, we knew they would make the perfect partner in securing the building. Not only did they give us first class legal advice, but Pamela’s calm and pragmatic approach smoothed the way through the complexities of the deal and we are hugely appreciative for their efforts.”