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Deal Date: 02-02-2018 Practice Area: Real Estate
Deal Title: Wing Tai Properties Sale of the W Square Property, Wanchai, HK Industry: Real Estate Investment & Services
Slaughter and May advised Wing Tai Properties Limited on the sale of the entire issued share capital of Allied Effort Limited, an investment holding company that indirectly held the W Square property in Wanchai, Hong Kong. On 2 February 2018, Wing Tai Properties announced that its wholly owned subsidiary had entered into a binding agreement with Top Sincerity Limited and Winland Group Limited in respect of the sale for a consideration of HKD2,848,800,000, subject to price adjustments.
Financial Center: Hong Kong Value: 500.01-1000.00
Advised Party: Seller Law Firm
Real Estate Jurisdiction Hong Kong Purchaser Jurisdiction Hong Kong
Classification: Real Estate Acquisitions and Disposals Office
Lawyer David Watkins