Acted for Link Real Estate Investment Trust (“Link REIT”) in its first acquisition in Singapore, the approximately S$2.161 billion acquisition of suburban retail assets, Jurong Point and Swing By @ Thomson Plaza, from Mercatus Co-operative Limited (“Mercatus”), a subsidiary of NTUC Enterprise Co-operative Limited. The team is also advising Link REIT on its 10-year asset and property management of AMK Hub which will remain under the ownership of Mercatus, and the retention of employees for the management of Jurong Point, Swing By @ Thomson Plaza and AMK Hub.
Partners Evelyn Wee, Benjamin Tay, Loh Chun Kiat, Chen Xi, Elsa Chai, Lina Chua, Kala Anandarajah, BMM, Benjamin Cheong, Anne Yeo, Vikna Rajah and Joshua Seet led the case.