Practice Areas - Corporate and M&A Law Firms and Lawyers
| Deal Date: | 16-07-2015 | Practice Area: | Corporate and M&A |
| Deal Title: | Qatar Investment Authority Serviced Residence JV with The Ascott Limited | Industry: | Real Estate Investment & Services |
| Description: |
Allen and Overy advised the Qatar Investment Authority on its USD600 million serviced residence joint venture with The Ascott Limited. Qatar Holding LLC (one of the investment arms of QIA) and Ascott Serviced Residence (Global) Investment Pte. Ltd. (a wholly-owned subsidiary of The Ascott Limited) each took a 50% interest in the joint venture company, Ascott Serviced Residence (Global) Fund Pte. Ltd (the JV Company). QIA and Ascott intend to contribute up to USD300 million each in equity to the JV Company during the investment term.
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| Financial Center: | Singapore | Value: | 500.01-1000.00 |
| Advised Party: | Joint Venture Party | Law Firm | Allen & Overy |
| JV Party Jurisdiction | Qatar | JV Party Jurisdiction | Singapore |
| Classification: |
Joint Ventures Continuing Business Partnership |
Lawyer | Chris Moore |
