25 May 2017
Macfarlanes advises Epiris on sale of Pine Unit Trust
Macfarlanes has advised Epiris on the sale of PINE Unit Trust ("PINE"), a freehold investment property portfolio focused on the UK education sector, to Universities Superannuation Scheme.
Established in 2005, PINE is a Jersey Property Unit Trust created to build a freehold investment property portfolio focused on the UK educational sector. PINE owns a portfolio of UK properties leased to third-party operators.
The Macfarlanes team was led by corporate M&A partners Stephen Drewitt and Richard Burrows, with commercial real estate partner Gerald Kelly also advising. The team were assisted by corporate and M&A solicitor Daniel Williams, banking and finance solicitor Adam Caines and commercial real estate senior solicitor Cate Taylor.
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