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

, 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

.
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