DEALS
Zhong Lun Advises Harvest Capital Partners on Fifth Square Equity Transaction
Zhong Lun Advises Harvest Capital Partners on Fifth Square Equity Transaction
On June 30, 2011, the equity transaction of the Fifth Square was closed in Hong Kong with the total amount of over RMB 4 billion. Zhong Lun Law firm advised the seller Harvest Capital Partners, owned by China Resources Group, on the transaction. Professionals included partners Zhu Maoyuan and Ma Huijun, attorneys-at-law Liu Na and Wu Zhizhen. The buyer was a company owned by China Minmetals Corporation.
Occupying the core zone of the Eastern 2nd Ring Road in Beijing, the Fifth Square is a complex of several buildings, including three Grade-A office buildings and a number of large luxury retails and restaurants. The project was completed in 2006 with the total building area of 120, 000m2.
Since 2003, partner Zhu Maoyuan and his professional service team have provided a full range of legal services to their clients, including several transactions from the construction of the Fifth Square to the final equity transaction.
Harvest Capital Partners is a boutique investment firm that specializes in real estate investment funds with a single-market focus on Greater China. Since its establishment in 2006, Harvest Capital Partners has been managing several PEs which are sponsored by China Resources Group and invested by global investors. The total amount of the real estate investment funds is about 1 billion dollars. Zhong Lun has been rendering legal services to Harvest Capital Partners since 2007.
