A summary and certain highlights are as follows:

1. Introduction to the three main areas of Real Estate

a. Real estate property finance (REF) – Acquisition/development finance
b. Structuring – Formation, administration, governance and other services for property holding structures including JPUTs and REITs
c. Funds – Cross-jurisdictional advice on the full spectrum of real estate funds including the popular Jersey Private Fund (JPF)

2. Trends in the Real Estate industry

a. ESG-style focus on social justice and good governance amid a backdrop of economic uncertainty.
b. Comprehensive advice around governance – not just in theory and also in practice.
c. Asset classes expected to rise in value, and others that may see a decline.
d. The appetite of investors looking at real estate and turnaround opportunities.

3. Enforcement scenarios

a. Banks and secured parties looking at enforcement scenarios.
b. Reviews of structures and security packages, to remedy any deficiencies in advance of any enforcement action.
c. Duties of banks and secured parties looking at enforcement and potentially exercising a power of sale under the Security Interests (Jersey) Law 2012

4. REITS – Real Estate Investment Trusts

a. Globally recognised tax efficient structures for investment into UK real estate.
b. Using Crown Dependency companies to establish a REIT compared to a UK equivalent
c. The qualifying conditions in the UK Corporation Tax Act 2010 to become a REIT, including listing on a recognised stock exchange;
d. The International Stock Exchange (TISE) and the exemption of REITs from the 25% “free float” requirement
e. The process of listing REITS on TISE
f. Themes of listings and why a stock exchange listing is a mark of authenticity
g. Green market segment called TISE GREEN

5. Jersey Property Unit Trusts (JPUTS)

a. Advantages of using JPUTs as a popular vehicle for holding UK real estate
b. How to establish a JPUT, with transparency for UK income tax purposes
c. Flexibility under the Trusts (Jersey) Law 1984, and duties of the trustees of a JPUT
d. How a JPUT is operated, managed and regulated

6. Jersey Private Funds (JPFs)

a. Why the JPF is aimed at sophisticated investors within Jersey’s pragmatic regulatory environment
b. Eligibility criteria for a JPF, including categories of eligible investors
c. Applications to be submitted to the JFSC and duties of the Designated Service Provider

For more information please contact Christophe Kalinauckas, Group Partner in the corporate department.

Key Contacts

Christophe Kalinauckas

Partner: Jersey

T +44 (0)1534 818 193
E Email Christophe

Andrew Weaver

Partner: Jersey

T +44 (0)1534 818 230
E Email Andrew

James Gaudin

Managing Partner: Jersey

T +44 (0)1534 818 337
E Email James

Kevin McQuillan

Partner: Jersey

T +44 (0)1534 818 367
E Email Kevin

Daniel Healy

Senior Associate: Jersey

T +44 (0)1534 818 010
E Email Daniel

Gemma Whale

Counsel: Jersey

T +44 (0)1534 818 163
E Email Gemma

Paul Worsnop

Senior Associate: Jersey

T +44 (0)1534 818 225
E Email Paul

Angharad Prescott

Trainee: Jersey

T +44 (0)1534 818 079
E Email Angharad

Twitter LinkedIn Email Save as PDF
More Publications
27 Sep 2022

Similar but Different

While the basic features of the trust remain, there are some notable differences in how trusts can b...

1 Aug 2022

Register of Overseas Entities: A Jersey perspective

The Register of Overseas Entities at Companies House (ROE), as contemplated by the Economic Crime (T...

30 Jun 2022

Digital Identification in Jersey

There have been considerable changes made to the way we do business in recent times. These changes w...

Contributors: Gemma Whale, Paul Worsnop
17 Jun 2022

Proposals to amend the Powers of Attorney (Jersey) Law 1995

Following the recent update from our Guernsey colleagues on the introduction of lasting or enduring ...

Contributors: Gemma Whale
9 Jun 2022

Trustee Knowledge Series: Masters Paper Two: Family Governance

Appleby Private Client & Trust Partner David Dorgan has authored and distributed a series of Tru...

17 May 2022

Navigating the Jersey M&A landscape (3 of 3)

This is the third of a series of three articles, each dealing with topics to be considered when buyi...

Contributors: Andrew Weaver
5 May 2022

The Economic Crime (Transparency and Enforcement) Act 2022: a Jersey perspective

The new Economic Crime (Transparency and Enforcement) Act received Royal Assent on 15 March 2022 (th...

Contributors: Andrew Weaver, Gemma Whale
21 Apr 2022

Listing Private Equity Acquisition Debt on The International Stock Exchange

This article provides a summary of Appleby listing agent services in the Channel Islands, and also o...

12 Apr 2022

Trustee Knowledge Series: Masters Paper One: PTC Structures

Appleby Private Client & Trust Partner David Dorgan has authored and distributed a series of Tru...

16 Mar 2022

Trustee Knowledge Series: Advanced Paper Eight: Amending Mistakes

It is almost inevitable that during the life of most trusts (which can now last indefinitely in many...