Paul Hastings Wins 2015 Global PERE Awards for Law Firm of the Year in Asia and Europe
New York, NY, Hong Kong, London – Paul Hastings LLP, a leading global law firm, announced today that the firm was recognized by PERE, a leading private real estate investment news publication and intelligence service, in its 2015 Global PERE Awards as Asia Law Firm of the Year (Fund Formation) and Europe Law Firm of the Year (Transactions). This is the third consecutive year that the firm has won the Asia Law Firm of the Year (Fund Formation) award.
The firm also ranked third in both the North America Law Firm of the Year (Transactions) and Europe Law Firm of the Year (Fund Formation) categories.
In a related profile, the firm was highlighted for being “at the table for some of the largest real estate deals in Europe during 2015, such as Starwood Capital Group’s €1.3 billion disposal of Groupe du Louvre in February.” Ronan O’Sullivan, Jia Yan and David Wang were noted for advising Fosun Property, the Shanghai-based real estate investment management platform of Fosun International, the largest privately-owned conglomerate in China, on the acquisition of a majority stake in Resolution Property Investment Management. Additionally, the firm was noted for representing clients Internos, Invesco and Benson Elliot.
For the Asia award, the firm was highlighted for representing Singapore-based private equity real estate firm SC Capital Partners in the formation of SC Capital’s Real Estate Capital Partners IV, which closed at $850 million and PERE called “SC Capital’s most ambitious fund to date.” Lawrence Hass was mentioned for leading this work, and the firm was also noted for representing the fund in establishing a $150 million subscription line credit facility. Additionally, the firm was highlighted for representing CreditEase in the establishment of a $150 million fund of funds called CreditEase Global Real Estate Investments Fund I, as well as assisting in the formation of feeder funds established in the Shanghai Free Trade Zone.
In February 2016, the firm’s Real Estate practice was recognized as
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.