Baker McKenzie advised APG Asset Management on the deal.
APG Asset Management signed a deal agreement with ESR Cayman Limited, on the formation of ESR’s latest logistics development platform in China.
The ESR China Development Platform has an initial equity commitment of USD 1 billion, and focuses on developing and owning modern, institutional-grade logistics facilities in major logistics hubs across China with a focus on Tier 1 and Tier 1.5 cities.
The Baker McKenzie team included partner Jason Ng (Picture), and Edwin Wong, as well as lawyers including Jacquelynne Baey and Da Wang. Partner Stephen Crosswell and associate Donald Pan also provided competition law support.
Involved fees earner: Jacquelynne Baey – Baker McKenzie; Stephen Crosswell – Baker McKenzie; Jason Ng – Baker McKenzie; Donald Pan – Baker McKenzie; Da Wang – Baker McKenzie; Edwin Wong – Baker McKenzie;
Law Firms: Baker McKenzie;
Clients: APG Asset Management N.V.;