NEWS
Paul Hastings Advises The Carlyle Group on US$267 Million Acquisition of Central Plaza
May 28, 2013
Shanghai (May 29, 2013) – Paul Hastings LLP, a leading global law firm, announced today that it represented The Carlyle Group, a U.S.-based private equity firm, in its US$267 million acquisition of an office building in Shanghai called Central Plaza, from Singapore-listed real estate fund Forterra Trust.
Central Plaza is a 19-floor grade A office tower located opposite People's Square. It was completed in 1998, and renovated and re-launched in 2010. As of December 2012, it had an occupancy rate of 99.8%.
The Paul Hastings team was led by partners David Blumenfeld and Wayne Ma with support from associates Meka Meng and Annie Pan.
Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.
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Becca Hatton