Investment in Jersey commercial property has proved remarkably resilient to the global economic downturn experienced over recent years. Benest & Syvret have in depth experience in supporting private and institutional commercial investors in acquisition and development of Jersey Real Property.
Benest & Syvret represent numerous developer clients in Jersey. In 2012 alone they concluded sales on the following developments undertaken by clients:
- 3 and 4 bedroom units at Le Relais, L’Etacq, St Ouen
- 3 and 4 bedroom first time buyer units at Jardin de Haut, Rue de la Vallée, St Mary
- 2 bedroom lifelong homes at Prés de L’Eglise, Rue de L’Eglise, St John
- Luxury apartments at Ste Cecilia, Mont de la Rocque, St Aubin
In those developments Benest & Syvret have provided their clients with advice and assistance ranging from:
- Pre-acquisition title advice
- Support in Planning applications
- Complex Option or Preliminary Agreement arrangements
- Title check and due diligence work
- Support in respect of financing and security arrangements
- Production of sales packs and fixed price packages for Purchasers
Philip Syvret, Solicitor, is the partner having overall charge of the Property Team. He has a vast experience in all aspects of Jersey Property Law and local development structuring. Until this year he sat as an examiner on the Advocates/Solicitors Examiners Board for the Immovable Property paper. Philip has previously advised the Institute of Law in relation to study guides. Philip sat on the Working party on Security of Tenure which lead to the recent passing of the Residential Tenancies Law. He was the instructing solicitor in McCarthy, the Planning Minister and Alpine, the Planning Minister which defined the Court's approach to the Planning and Building Law and key aspects of the Island Plan. He is regularly employed in Planning Appeals.
We regularly assist local businesses and property owners in relation to commercial leases, rent review and amendments, representing several substantial financial institutions and national retailers in respect of Jersey property matters