Kirkland Represents $1.4 Billion Sino-Ocean Capital China Office Fund on Acquisition of Real Estate Assets in Beijing
Kirkland & Ellis is advising Sino-Ocean Prime Office Partners I LP (the Fund), a $1.4 billion fund formed by Sino-Ocean Capital, on the acquisition of Ocean Office Park and Project Z6, two grade-A office projects located in the central business district of Beijing. The Fund will be invested by Sino-Ocean Group (HKSE: 3377) and global sovereign wealth funds or reputable institutional investors. The transaction is subject to customary closing conditions.
Ocean Office Park is a grade-A office complex with a gross floor area (GFA) of approximately 108,000 square meters and various blue-chip tenants including Fortune 500 companies. Project Z6 is an office development project with the aboveground GFA of approximately 128,000 square meters to be delivered in 2026 that combines eco-friendly and modern office concepts.
Read more in Sino Ocean Group’s announcement
Kirkland transactional partner Paul Guan led the acquisition with assistance from transactional partner Eugenie Hui and associate Vincent Cheng. Investment funds partners Carol Liu and Nicholas Liew, with support from transactional partners Pierre-Luc Arsenault and Ram Narayan and associate Benjamin Yao, and investment funds associate Shirley Lim, advised a prestigious institutional investor on its investment in the Fund.