China’s SRE Group Acquires 75 Howard in San Francisco

May 10, 2017

San Francisco and Hong Kong – Paul Hastings, a leading global law firm, announced today that it represented SRE Group Limited (“SRE”), an integrated real estate developer focusing on high-quality development and renewal projects in first-tier cities in China, in its acquisition of 75 Howard in San Francisco, the United States of America. China Minsheng Investment Group has a controlling stake in SRE.

At closing, SRE acquired an 80% interest in a joint venture with a fund controlled by New York-based Paramount Group and the San Francisco regional office of JBC 75 Howard LLC, an affiliate of Chicago-based The John Buck Company, L.L.C. 75 Howard has been entitled to build a harbor-front complex with high-end residential, retail and parking uses. This marks SRE’s first investment in North America.

The Paul Hastings team was led by San Francisco real estate partner David Hamsher and Hong Kong real estate partners David Blumenfeld and Paul Guan, with support from associate Lane Barrasso.

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.