On December 12, 2019, Vanke Service and Cushman & Wakefield Bank signed a strategic agreement and established a joint venture company to realize a strong alliance. They intend to build the premier leading service provider of commercial property and facility management in Greater China.
The joint venture will focus on the fields of commercial property and facility management, including property and asset management and integrated facility management.
Vanke has been in the top 100 of China's property industry for 10 years; Cushman & Wakefield is a world-renowned real estate service and consulting company, with a leading presence in more than 70 countries.
In this project, JunHe represented Vanke Service and provided legal services such as transaction structure design, legal due diligence, the drafting of domestic transaction documents, reviewing overseas transaction documents, submission documents and the legal negotiations required by the operators.
The lead partners of this project were YU, Yongqiang (YY)and HU, Yijin, the lead partner of the business concentration was WEI, Yingling, and the lead acting partners and consultants included GUO, Xin, AN, Ming and consultant WANG, Dongxin.