On March 28th 2019, Ascent Real Estate Investors and Sigma Delta Partners Investment associated well-known offshore investment institution to acquire the landmark Beijing Zhonguancun central area—Dinghao Electronic Mansion. This acquisition is so far one of the largest foreign acquisitions of commercial real estate in Beijing.
Banking groups financed billions of RMB in the total acquisition. JunHe acted as PRC legal counsel to banking groups and provided a whole set of legal services in the acquisition.
Ascent Real Estate Investors is a platform founded by the real estate fund group of Carlyle Asia Partners, which focuses on investments in commercial property, logistics and real estate; Sigma Delta Partners Investment is a complex real estate investment & management company, dedicated to the acquisition, development and operations of high-quality office, business, logistics and real estate projects.
The leading partner for the project was Mr. ZHOU, Hui (Nelson).