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NEWS

Evergrande’s US$1.6 Billion Acquisition of Hong Kong Commercial Property Asset

January 18, 2016

Hong Kong - Paul Hastings, a leading global law firm, announced today that the firm represented Hong Kong-listed Evergrande Real Estate Group Limited (“Evergrande”), China’s second largest property developer by sales, in  its US$1.6 billion acquisition of Pioneer Time Investment Limited, a company incorporated in the British Virgin Islands with limited liability, from Chinese Estates Holdings Limited. The principal asset of the target is a Grade A office and commercial building in Hong Kong, in the core area between Admiralty and Wan Chai.
The Paul Hastings team was led by Raymond Li, partner and Chair of Greater China, and corporate partner Vivian Lam, with support from associates Bonnie Kong, Jeff Lee, Urania Chan and trainee solicitor Charles Wong.
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.

Practice Areas

Mergers and Acquisitions

Real Estate Acquisitions and Dispositions

Real Estate


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