DEALS
Zhong Lun Advises on Hines’ First Logistics Venture in China
Zhong Lun Advises on Hines’ First Logistics Venture in China
Recently, US-based developer Hines announced to acquire, together with Metropolitan Real Estate Equity Management, a cold storage facility located in Dongguan’s Shatian District, a logistics hub for the Pearl River Delta, with an area of approximately 33,800 square metres. The Dongguan project is Hines’ first China logistics venture.
Zhong Lun represented Hines in this transaction and provided a full spectrum of cross-border legal services from legal due diligence, review, negotiation and finalization of the transaction documents, financing documents and closing of the transaction. The team was led by partner John Sheng, supported by partner Shirley Lu, non-equity partner Yilin Huang. The deal team also consisted of Holly Zheng and Sophia Chen.
Hines is a privately owned global real estate investment firm founded in 1957 with a presence in 225 cities in 25 countries. Hines has approximately $144.1 billion of assets under management and
has developed, redeveloped or acquired 1,426 properties, spanning from office buildings, industrial sites, hotels, residential apartments and comprehensive properties.
