Singapore developer Mapletree Investments Pte. Ltd. is paying $2.4 billion to Swire Properties Ltd. for the Festival Walk mall, its first Hong Kong property investment.
August 18, 2011 at 12:00 AM
1 minute read
Paul Hastings has advised Singapore property developer Mapletree Investments Pte. Ltd. on the acquisition of a Hong Kong shopping mall.
Partner Vivian Lam led the firm’s team advising Mapletree on its $2.4 billion purchase of the Festival Walk mall from Hong Kong real estate firm Swire Properties Ltd. The deal is Mapletree’s first Hong Kong property investment, Bloomberg reported.
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