Isle News

Gatehouse Bank completes first offshore real estate financing deal

Gatehouse Bank has announced the closure of its first offshore real estate financing in St Helier, Jersey. The Bank provided £10 million of senior financing to Apache Capital Partners, for the acquisition of Mourant Ozannes’ HQ offices, a offshore law firm. Apache Capital Partners, a niche Real Estate and Private Equity Investment Management Firm, specialises in investing capital from the Middle East into the UK. Given this client base, the company has offices in both London and Bahrain and currently has an approximate total of £340 million assets under management.

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