Carey Olsen's Jersey property team has advised ITV plc on
the lease of its new state-of-the-art newsroom and production
studios, Le Capelain House, Castle Quay on St Helier's
The station has embarked on a significant programme of
investment to refit the space to its precise requirements including
the creation of an HD newsroom and the installation of the latest
broadcast technology. Broadcasting began in the new studios
on 8 June after nearly three decades in the previous premises at La
Carey Olsen partner, Chris Philpott, and senior associate, Will
Whitehead, acted to negotiate the lease and pre-let arrangements on
behalf of the television company.
Managing director for ITV Channel Television, Karen Rankine,
said: "This has been a significant undertaking involving many
months of planning. We are very pleased with how well it has gone
and the hard work that was invested ensured there were no
interruptions to our news output in the Channel Islands."
Mr Philpott said: "The relocation of ITV's Jersey
operations to the Quay adds to the growing diversity of St
Helier's waterfront business district and supports the upward
trend that we are seeing in commercial property transactions in
Carey Olsen has been involved in several recent deals that
demonstrate the buoyancy of the Jersey market, including Polygon
Properties Limited's £4.5 million acquisition of JP
Morgan House, Forum 4, Grenville Street, Hand Picked Hotels'
acquisition of Grand Jersey Hotel & Spa and the sale of
Jacksons CI group.
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The process for obtaining planning permission for development of property in the Cayman Islands has been updated as a result of the latest revision of the Development and Planning Law and accompanying regulations (July 2015).
In principle, when the parties agree to arbitrate, they shall be
bound by that agreement. It should therefore follow that when a
party initiates arbitration proceedings, the other party - the
respondent – will avail itself of the opportunity to present
its case and participate in the proceedings.
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