Eric J. Piesner, Shirin Tang, David P. Slotkin, Kenneth A. Siegel, Randy Steven Laxer, and Amit Kataria
REITs, Mergers + Acquisitions, and Japan
MoFo News Item
Our representation of Global Logistic Properties Limited (GLP) in a co-investment with an affiliate of Singapore sovereign wealth fund GIC Pte. Ltd. to buy one of the largest logistics real estate portfolios in the United States from the Blackstone Group was named M&A Deal of the Year. Asian Lawyer notes this transaction was a “major foray into the U.S. real estate market” for both GLP and GIC and was one of the world’s largest real estate deals in the past year. We also advised GLP on the injection of the portfolio into GLP US Income Partners I and the syndication of 45% of its interests in GLP US Income Partners I to two leading global institutional investors from Asia and one from North America. The deal team was led by Singapore corporate partners Eric Piesner and Shirin Tang, and Washington, D.C. corporate partner David Slotkin.
SoftBank’s $627 million initial investment in Indian ecommerce company Snapdeal, making it Snapdeal’s largest shareholder, was named Technology, Media & Telecommunications Deal of the Year. The team representing SoftBank in its investments in Snapdeal is led by Tokyo partners Ken Siegel and Randy Laxer and Hong Kong Of Counsel Amit Kataria, with support from associates Matt O’Donnell, Patrick Barrett, and Noah Carr.
The Asian Lawyer is published by American Lawyer Media, a global leader in legal news, which also publishes American Lawyer magazine.
The winners were announced at a ceremony in Singapore on November 18.
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