Sale of 100% shares of Universal Storage Pte. Ltd, holding company of Extra Space Asia

Acted for Hywel Investments Ltd., as vendor, in the sale of 100% shares of Universal Storage Pte. Ltd., the holding company of the region’s largest self-storage operator, Extra Space Asia, to a consortium comprising APG Asset Management N.V. and CapitaLand Investment Limited. Partners Norman Ho, Favian Tan and Benjamin Tay from Rajah & Tann Singapore led the transaction.