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Paul Hastings Advises Mapletree on Acquisition of Assets from RREEF REIT

February 22, 2010

Hong Kong (February 22, 2010) Paul, Hastings, Janofsky & Walker, a leading global law firm, announced today that it has advised Mapletree India China Fund Ltd., on its acquisition of Gateway Plaza in Beijing, which is held through special purpose vehicles in Hong Kong and the British Virgin Islands by, and constituted substantially all the operating businesses and assets of, RREEF China Commercial Trust (RREEF CCT).

Mapletree India China Fund Ltd. is incorporated in the Cayman Islands. The companys principal business is to invest in commercial, residential and mixed-use property developments in India and China to maximize total returns for its investors.

Vivian Lam, a partner in the Hong Kong office of Paul Hastings, commented: We are delighted to have advised Mapletree on its acquisition of Gateway Plaza from RREEF CCT. Paul Hastings has previously advised on a number of landmark transactions involving REITs in Asia and this deal further highlights the strength of our capabilities in advising our clients on such transactions."

The Paul Hastings team was led by Vivian Lam, assisted by associates Erika Wan and Pei Fang.

Paul Hastings is a global leader in REITs and real estate-related private equity transactions and has been named International Real Estate Law Firm of the Year by Chambers. The firm is consistently ranked in the top-tier for real estate in Asia by leading independent legal directories such as Legal 500 and Chambers and regularly wins awards for its real estate-related private equity transactions. Award wins over the last 12 months include:

• Awarded Asia Law Firm of the Year for the fourth consecutive year, by Private Equity Real Estate.
• Awarded Private Equity Law Firm of the Year by Asian-Counsel.
• Awarded Real Estate Law Firm of the Year by Asian-Counsel.
• Awarded Private Equity Deal of the Year by China Law & Practice and IFLR.
• Awarded Real Estate and Construction Deal of the Year by Asian Legal Business.

Paul Hastings has previously advised on a number of groundbreaking REITs in China and Japan, including the first REIT with a portfolio made up solely of PRC-based assets and the first JREIT to be listed on the JASDAQ Securities Exchange in Japan.

Paul, Hastings, Janofsky & Walker is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.