AJIA Partners, a Hong Kong–based fund manager, said on November 15, 2009 that its Real Estate Group has successfully completed the RMB700 million acquisition of Dalian Wanhe Shopping Center, a key commercial project in Dalian Development Area, in Northeast China’s Liaoning Province.
A team of Zhong Lun Law Firm, comprising Wang Fei, Zhang Jiong and Zhang Xinwei, assisted AJIA Partners Real Estate Group in structuring and financing the transaction.
The transaction followed another successful acquisition worth RMB300 million earlier this year by AJIA Partners Real Estate Group of a commercial project in downtown Chongqing Municipality, Southwest China.
Zhong Lun advised AJIA Partners Real Estate Group on both transactions. Our services covered a series of legal issues such as incorporation of foreign invested real estate companies, sales, financing and security of large commercial properties in PRC.
Ajia Partners is a private partnership based in Hong Kong focusing on fund of hedge funds, private equity, real estate and public equity investments with a focus on Asia.