Cains To Move To Landmark Fort Anne Building
28th April 2010
Isle of Man-based international law and professional services group Cains today announces its intention to relocate its offices to the landmark Fort Anne building on Douglas Head. It is expected that the move will take place in Autumn 2010.
The move will see Cains Advocates, Cains Fiduciaries and Cains Accounting Services, which currently occupy four separate offices in Athol Street, St Georges Court and Samuel Harris House, consolidated into one location as part of the group’s strategy for integration and expansion of its client services.
Cains Fiduciaries has expanded its administrative services for institutional, corporate and family office clients rapidly in 2010 and taken on a significant number of additional administrative and accountancy staff to meet increased client demand.
The move to Fort Anne will relocate Cains corporate, litigation, property, private client and fiduciary practices into one building, enabling them to work more closely together in the provision of client services.
The original Fort Anne building on Douglas Head was formerly a luxurious hotel and before that the residence of Sir William Hillary, founder of the Royal National Lifeboat Institute. After being demolished in 1979, it was rebuilt to exacting specifications in the same location by the German shipping group Peter Döhle as the headquarters for its offshore ship management operations. Following the expansion of its operations into the Philippines and the consolidation of some other operations, Döhle will now share the Fort Anne premises with Cains.
Cains clients will benefit from quick and easy access to the airport from Fort Anne, which is located on Douglas Head with spectacular views over the harbour and bay. Those visiting the Isle of Man for AGMs and other meetings will also be able to use the building’s state of the art boardroom, accommodation facilities and health club.
Andrew Corlett, Managing Director, Cains, said: “We are very pleased to have the opportunity to move to this beautiful landmark building. By bringing all of our practice areas under one roof in Fort Anne we are combining our resources to offer our clients a seamless, high quality, professional service, as well as use of the best client and staff facilities of any office in the Isle of Man.”
“We have seen an uplift in client instructions since the start of the year and anticipate a good year for growth in key areas. As confidence and interest return to the world’s capital and commercial markets, our move will help us to provide best in class services from the Isle of Man to our international client base. This is central to Cains role as a key conduit to capital and advice via the world’s financial centres, including London and Singapore where we also have offices.”
James Stevenson, Chief Financial Officer, Döhle (IOM) Ltd, said: “We look forward to welcoming the Cains team to Fort Anne later this year and to continuing the Isle of Man’s long tradition of community and partnership. Cains has an excellent reputation both internationally and in the Isle of Man. Our businesses have had a close relationship for some years and we are delighted to be able to share our building with a company that is held in such high regard.”
“While our overseas operations have expanded, we remain committed to the Isle of Man. The Isle of Man provides a stable and well-regulated business environment in which we can continue to grow and provide the highest quality of services in our ship management and other businesses”. |
