Baker & McKenzie is representing Hong Kong’s Link Real Estate Investment Trust on a $1.1 billion acquisition of a multi-use commercial property in Shanghai from Shui On Land Ltd.
Corporate Avenue 1 and 2 comprise two Grade-A office buildings and retail space located in downtown Shanghai’s Xintiandi area, a popular district for shopping and entertainment. The property, which covers a 98,000-square-meter floor area, was built by Shanghai-based developer Shui On Land in 2004 as part of the development the district.
