Global law firm White & Case LLP has advised Oaktree Capital Management, a leading global alternative investment management firm, on its sale of the SACO property portfolio, one of the UK's leading providers of serviced apartments with an extensive network of properties around the world, to Brookfield Asset Management.

"The mixture of operational and development assets in the SACO portfolio made this a particularly complex deal, ideally suited to our combination of leading private equity and real estate capabilities," said White & Case partner Richard Jones, who led the Firm's deal team.

The White & Case team in London which advised on the transaction was led by partner Richard Jones and included partners James Dodsworth, James Johnson and Michael Wistow, and associates James Pullen, Kasit Rochanakorn, Hillary Roberts, Helen Levendi, Paul Harrington, David Persaud, Kate Russell and Victoria Sharp.