Asialaw Profiles
The Guide to the legal markets of the Asia-Pacific

Fandga Partners is known for its work in the commercial real estate space, particularly when it comes to work in China’s largest cities.The firm recently represented Mori Group in its sale of floors in the tallest office building in China, the Shanghai ... [more]

Fandga Partners is known for its work in the commercial real estate space, particularly when it comes to work in China’s largest cities.

The firm recently represented Mori Group in its sale of floors in the tallest office building in China, the Shanghai World Financial Center (SWFC). The deal, which was ongoing at the time of going to press, is valued at Rmb267 million (US$41.7 million). The sale to Tomson involved complex arrangements, so that Mori Group could retain its exclusive management rights for the building, and much synchronisation with bank financiers.

Fangda partner Ji Nuo was recently elected as director of the Real Estate Business Research Comission of the Shanghai Bar Association. Ji Nuo is particularly active in the Shanghai real estate sector, and often participates in legislation programmes and seminars in connection with housing policy. He and Yingying Wang are jointly responsible for Fangda’s construction and real estate group.

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Jun He Law Offices’ strong relationships with top banks means that the firm is often involved in financing for major construction and development projects in mainland China.The firm also acts as adviser in specialised real estate sector negotiations ... [more]

Jun He Law Offices’ strong relationships with top banks means that the firm is often involved in financing for major construction and development projects in mainland China.

The firm also acts as adviser in specialised real estate sector negotiations and bids. It recently advised a consortium comprised of Poyry Energy GmbH and Beijing General Municipal Engineering Design & Research Institute in their successful bid to provide consultancy services for the Project & Construction Agency of the Beijing Municipal Commission of City Administration and Environment (BMCCAE). Partners Yuan Jianan and Wang Jiangang represented the client consortium through the bidding process, drafted and amended key documents, and managed the negotiation and signing of contracts. The Rmb775 million (US$121.2 million) deal was particularly complex because it involved multiple parties vying for the consultancy contract and policy changes and shifting contract requirements during the bidding process.

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King & Wood is known in the market as a go-to firm for both international and domestic financial entities with regards to their project and construction investments. This past year, the firm advised Hong Kong Zhuozhan (Chapter) Group in its acquisition ... [more]

King & Wood is known in the market as a go-to firm for both international and domestic financial entities with regards to their project and construction investments. This past year, the firm advised Hong Kong Zhuozhan (Chapter) Group in its acquisition of shares in the Bejiing Le Mall project through subsidiary company Changchun Zhuozhan Time Square Department Store Col, Ltd. After the transaction, Zhuozhan owned and managed the Le Mall commercial property. King & Wood was sole legal counsel to Zhuozhan Group in the Rmb6 billion (US$939 million) deal.

King & Wood also advised on the Changsha Meixi-Lake Project in Hunan, China. The project is intended to be a model for resource-saving and environment-friendly social construction. It involved navigating issues in connection with first grade land development, first and second grade integrated land development, city planning and infrastructure, and tax policy. The US$7.82 billion project was one of the first projects to be developed by competitive bidding and global invitation.

Lizi Tang, Ping Xu, Yingmei Cai, Xaolei Yang and Zhigang Liu are all leading practitioners.

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Zhong Lun is known in the market as an absolute heavyweight in the real estate and construction sectors in China. “You think of Zhong Lun when you think of real estate,” says a partner at a rival firm. “The firm has been experts in that area for a long ... [more]

Zhong Lun is known in the market as an absolute heavyweight in the real estate and construction sectors in China. “You think of Zhong Lun when you think of real estate,” says a partner at a rival firm. “The firm has been experts in that area for a long time, and is really well known in the market.” Zhong Lun advises on major construction projects as well as top energy projects in China.

This past year, the firm represented project company China Windpower Group on a lending syndicate, led by IFC, for a wing power project in China. The project, which was funded by a combination of senior debt and sponsor equity, was China’s first ever wind farm project to get long term project financing from a syndicate of international banks denominated in US dollars.

In 2011, Zhong Lun also advised Rolex as it acquired three floors of a high rise office building in Beijing’s Chaoyang Business District.

Anthony Qiao is highly regarded in the construction and real estate arena.

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Shanghai-based AllBright has top connections with financial institutions, and is often seen representing lenders in loans and financings for major construction and real estate projects.In 2010, AllBright represented the financing arm of a multinational ... [more]

Shanghai-based AllBright has top connections with financial institutions, and is often seen representing lenders in loans and financings for major construction and real estate projects.

In 2010, AllBright represented the financing arm of a multinational corporation in connection with a syndicated loan that it had co-arranged for a major energy project. The Rmb4 billion (US$626 million) syndicated loan facility was provided by a consortium of lenders that included the financing corporation as well as 10 other banks.

Allbright also recently advised a bank consortium in its financing of an instrument in connection with the Rmb1.35 billion (US$211 million) syndicated loans for a major affordable housing development project.

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Guantao’s full service capabilities have allowed the firm to advise top developers on all aspects of construction and real estate project completion.It advised Beijing Changle Real Estate Development on its construction of residential properties for ... [more]

Guantao’s full service capabilities have allowed the firm to advise top developers on all aspects of construction and real estate project completion.

It advised Beijing Changle Real Estate Development on its construction of residential properties for the Yu Tianxia Real Estate Project in Beijing’s Central Villa District. Beijing Changle Real Estate Development is a subsidiary of Cheung Kong Holdings. The villas under construction cover an area of approximately 800,000 square metres.

In January 2011, Guantao represented Beijing Huarong Infrastructure Investment on its investment in the Beijing No. 1 Financial Street project. Beijing’s No. 1 Financial street buildings were developed as office space by Beijing Jin Yaguang Real Estate Management. The acquirer, state owned enterprise Beijing Huarong Infrastructure Investment, gained ownership of the building through acquiring equity in two companies that formerly owned the No. 1 Financial Street project.

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Llinks Law Offices’ robust M&A practice lands on many top mandates in the construction and real estate sector. As an example, Llinks recently advised HNA Hotel in its acquisition of 100% of the shares in Guangzhou Huancheng Real Estate. Guangzhou Huancheng ... [more]

Llinks Law Offices’ robust M&A practice lands on many top mandates in the construction and real estate sector. As an example, Llinks recently advised HNA Hotel in its acquisition of 100% of the shares in Guangzhou Huancheng Real Estate. Guangzhou Huancheng owns the 100,000 square metre Tianhe project, which will necessitate several years of project cooperation between HNA Hotel and Skyfame Realty.

Llinks also recently advised private fund Pasley on its acquisition of Belgravia Place from Groverner, which involved highly leveraged financing and complex structures and finance arrangements. Llinks’ construction and real estate team advised Pasley on Chinese law in relation to the construction, project financing and equity transfer aspects of the deal.

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