Oldham, Li & Nie (OLN) has advised on the deal "ESR purchase of logistics assets from DLJ", the deal has been recognised by the China Business Law Journal (CBLJ) as one of the “Deals of the Year 2022” in the category “Cross-border deals”. Oldham Li & Nie acted as Hong Kong legal counsel to ESR, and the deal was led by OLN's Consultant Cermain Cheung and Associate Phyllis Wong.
The winning deal relates to the purchase by ESR, the largest real estate manager in the Asia-Pacific, of an 11-asset portfolio from US-based DLJ Real Estate Capital Partners for RMB 4.4 billion (USD 656 million).
About Oldham, Li & Nie
Oldham, Li & Nie is a highly regarded full-service law firm, whose commitment to professional excellence has been the cornerstone of the firm since its creation in 1987. The firm possesses many years of experience practising in Hong Kong and has a diverse set of global employees, embodying the firm’s East-West culture.
The firm currently has 43 lawyers, admitted to one or more jurisdictions, including Hong Kong, France, the United Kingdom, the United States, Australia and Canada. OLN also has a thriving China practice, carried on from its Hong Kong and Shanghai offices.
More information about Oldham, Li & Nie: www.oln-law.com