24 Feb 2021

Disposal of Qibao Vanke Plaza’s holding company

Partners Chia Kim Huat, Chen Xi, and Goh Jun Yi from Rajah & Tann Singapore acted for RECO Qibao Private Limited, a subsidiary of an Asia-based sovereign wealth fund, in the RMB 3.2 billion disposal to Link REIT, Asia’s largest real estate investment trust, of its entire 50% equity interest in the holding company of Shanghai’s Qibao Vanke Plaza.