China Merchants’ REIT Listing


Baker McKenzie acted law counsel to China Merchants on the successful global offering and listing of China Merchants Commercial REIT on the Hong Kong Stock Exchange. Freshfields Bruckhaus Deringer advised Citigroup Global Markets Asia Limited, China Merchants Securities (HK) Co., Limited and DBS Asia Capital Limited as the joint global coordinators.

CMC REIT will primarily invest in commercial properties in the Greater Bay Area (GBA), Beijing and Shanghai, with its initial portfolio comprising five properties in Shekou, Shenzhen with an aggregate value of RMB 6.68 billion (approx. $949.05 million).

The Baker McKenzie team was composed by Jeremy Ong (Picture), partners Ivy Wong, Dorothea Koo and Karen Man, counsel Grace Fung and associates Isaac Yeung, William Cho and Karen Wong.

The Freshfields team advising on the transaction was led by partner and China Chairman Teresa Ko and partners Calvin Lai and Jason Xu.

Involved fees earner: William Cho – Baker McKenzie; Grace Fung – Baker McKenzie; Dorothea Koo – Baker McKenzie; Karen Man – Baker McKenzie; Jeremy Ong – Baker McKenzie; Ivy Wong – Baker McKenzie; Karen Wong – Baker McKenzie; Isaac Yeung – Baker McKenzie; Teresa Ko – Freshfields Bruckhaus Deringer LLP; Calvin Lai – Freshfields Bruckhaus Deringer LLP; Jason Xu – Freshfields Bruckhaus Deringer LLP;

Law Firms: Baker McKenzie; Freshfields Bruckhaus Deringer LLP;

Clients: China Merchant Securities; China Merchants Group Ltd.; Citigroup Global Markets Asia Limited; DBS Asia Capital Limited;

Author: Michael Patrini