Alpha Investment Partners and Keppel Land China form JV to Acquire Shanghai Property for US$525 Million

June 28, 2017

Hong Kong – Paul Hastings, a leading global law firm, announced today that it represented Alpha Asia Macro Trends Fund III, a private fund managed by Singapore-based Alpha Investment Partners Limited (“Alpha”), in its joint venture with Keppel Land China Limited to acquire mixed-use development SOHO Hongkou in Shanghai for approximately US$525 million. Alpha, a premier asset manager in Asia, is a wholly-owned subsidiary of Keppel Capital Holdings Pte. Ltd.

SOHO Hongkou is a 29-storey office tower with a two-storey retail podium. It offers a total leasable area (GLA) of 70,042 square meters, which comprises 65,304 square meters and 4,738 square meters of office and retail space respectively and is located in Shanghai’s North Sichuan Road business hub.

Paul Hastings has advised Alpha on several transactions over the past few years including, most recently, in its divestment of mixed-use development Life Hub @ Jinqiao in Shanghai. In 2012, Paul Hastings advised Alpha on its disposition of Shama Serviced Apartments Causeway Bay, Hong Kong.

The Paul Hastings team was led by partner Vivian Lam, with support from associate Jeff Lee.

At Paul Hastings, our purpose is clear — to help our clients and people navigate new paths to growth. With a strong presence throughout Asia, Europe, Latin America, and the U.S., Paul Hastings is recognized as one of the world’s most innovative global law firms.