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Acquisition of Belvedere Garden Property and Provident Centre Property by Fortune REIT – HK$1,800 million Corporate | Corporate Finance | Real Estate | Corporate Real Estate & REITS

Rodyk acted for HSBC Institutional Trust Services (Singapore) Limited, as the trustee of Fortune REIT and purchaser, in relation to the acquisition by Fortune REIT of (a) the HK$1,250 million Belvedere Garden Property, and (b) the HK$650 million Provident Centre Property. Both are commercial properties located in Hong Kong, and are major acquisitions and connected person transactions for Fortune REIT.

Corporate partner Nicholas Chong led the matter, assisted by associate Tong Jun Ming.