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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

, partner and Chair of Greater China, and corporate partner , with support from associates , , Urania Chan and trainee solicitor .
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.

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