Office Space in Town (OSiT), one of the UK’s leading serviced office providers. Debello Law advised the management team on the £160 million investment by Kailong, a leading Chinese real estate asset manager, into the business.
Kailong took a majority stake in in OSiT’s first joint venture, LSOI, replacing global real estate investors, Forum Partners, which initially backed the serviced office vehicle alongside OSiT. The Shanghai-based firm also took a majority stake in OSiT’s second joint venture, LSO II.