MoFo Represents LaSalle Investment in Office Building Acquisition

04/12/2018

Maria Xiao Yue Wang, Zhenyu Wang, Wanyu Liu, and Pamela Usukumah

Real Estate and Real Estate Finance

MoFo News Item

Morrison & Foerster LLP represented a real estate fund managed by LaSalle Investment Management, the investment arm of the NYSE-listed commercial real estate firm JLL, in its acquisition of a 31-story, grade A office building in Hongkou District, Shanghai, from Alpha Investment Partners, a part of Keppel Group’s asset management arm Keppel Capital. 

The office building, named Shanghai International Plaza (盛邦国际大厦), has a total floor area of more than 56,000 square meters and is located at 1318 Sichuan North Road, next to the North Sichuan Road subway station.  The North Bund neighborhood, where the commercial tower is located, has been positioned as a shipping and financial hub and is expected to develop into a central activity district in Shanghai according to the Shanghai Master Plan (2017-2035) approved by the State Council.

The MoFo team was led by Shanghai partner Maria Wang with support from Hong Kong associate Zhenyu Wang, Shanghai associate Melissa Liu, and Singapore associate Pamela Usukumah. Ms. Wang specializes in real estate transactions and has broad experience in real estate acquisitions, joint ventures, financing, project developments and management. Ms. Wang has represented international and domestic real estate private equity houses, fund managers, financiers and developers in a variety of real estate related transactions covering different stages including development and construction, management, and operation and disposal of real estate projects.

For more information, please see the related press release.

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