2019.06.11
Recently, a domestic leading alternative asset management company Sino-Ocean Capital announced its collaboration with Beijing Hualian Group Investment Holding Co., Ltd. (followed as “BHG”), the parent company of SKP Beijing, in co-acquiring Beijing Anzhen Hualian Plaza located in the North tricyclic core area.
According to the co-acquiring deal arrangement achieved by Sino-Ocean Capital and BHG, Anzhen Hualian Project adopted a new-style “co-acquiring” model, Sino-Ocean Capital uses its urban renewal fund, BHG contributes through its asset management subsidiary to the co-acquiring; Sino-Ocean Capital will make full use of its advantages in business, office building development, operations and reform with BHG’s strength in the retailing field to conduct a reform and joint-venture operation to the Anzhen Hualian Project. The aim is to guide the Anzhen Hualian Project in its business update from “Community Shopping Center” to “Urban Boutique Commercial Complex”.
W88优德手机版 acted as exclusive legal counsel for Sino-Ocean Capital and provided a whole set of legal services including due diligence, demonstrations on the deal plans, drafting deal documents and negotiations. The W88优德手机版 team provided constructive advice and opinions on the collaboration, acquisition and operation section, especially on the co-acquiring model. This project is the third deal that W88优德手机版 has assisted Sino-Ocean Capital in acquiring commercial property after the Shanghai Donghai Commercial Center, Shanghai Yuanbo Hotel. The W88优德手机版 team’s diligent working style and rigorous legal support was highly recommended by the clients.
The leading partner for the project was Mr.LI, Lishan.
