Italian property company Risanamento Napoli buys Global Switch for £305m from Chelsfield, TrizecHahn and interests related to founder Andy Ruhan, all of which will take a stake in Risanamento.

Risanamento advised by Simmons & Simmons (Damon Le Maitre-George, Manfredi Vianini Tolornei). Global Switch's shareholders advised by Ashurst Morris Crisp, Wragge & Co and Canadian firm Davies Ward Philips & Vineberg.