Press release from Carey Olsen on Wednesday, April 6, 2022.
A Carey Olsen team has advised London-based real estate investment firm Blue Noble LLP on the launch of its fourth European real estate fund, Blue Noble Real Estate Opportunities Fund IV LP, and on the fund's first acquisition, a purpose built student accommodation (PBSA) development site on Via Durando in Milan.
The Carey Olsen team advising Blue Noble was led by Jersey corporate partner Chris Griffin, assisted by associate Thomas Bulfin.
Chris commented: "We are delighted to have been able to help the Blue Noble team with its fourth fund. Blue Noble's track record and clear investment policy in combination with an efficient Jersey Private Fund consent all contributed to an effective fund launch."
Harry Heathcoat Amory, co-founder and chief operating officer at Blue Noble, added: "We are pleased to have launched our fourth European real estate fund, building on the strong PBSA track record generated by Blue Noble Real Estate Opportunities I LP. Carey Olsen continues to offer us wide ranging legal support in Jersey and we look forward to furthering our working relationship with Chris Griffin and the team."