Cheong Sim Lam S$353.3 million acquisition of Ascott Raffles Place

21/1/2019

Real estate acquisition

Value:

S$ 353.3 million

Status:

Completed

Date:

21/1/2019

Overview:

Property magnate Cheong Sim Lam has acquired Ascott Raffles Place for S$353.3 million from Ascott Residence Trust.

Jurisdiction:

Singapore

Deal type:

Real estate acquisition

Practice area:

M&A

Industry sector:

Real estate

Firm:

Morgan Lewis Stamford

Party: Cheong Sim Lam (Acquirer)

Lawyers: Gina Ng, Wai Ming Yap

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