Serene SOH

Significant transactions that Serene has been involved in include advising / acting for the following:

• Taiwan’s Vanguard International Semiconductor Corporation, joint venture partner of VisionPower Semiconductor Manufacturing Company Pte. Ltd. (“VSMC”), in relation to VSMC’s 30-year lease from JTC Corporation at Tampines Industrial Avenue 2, Tampines Wafer Fab Park, Singapore.
• The financiers led by DBS, HSBC and UOB (as mandated lead arrangers and bookrunners) in the S$1.064 billion syndicated financing relating to the acquisition by the joint venture entity between Lendlease and Warburg Pincus LLC of US$1.2 billion portfolio of Singapore industrial assets. This deal is one of the largest transactions involving a private portfolio of industrial assets in Singapore and marks the first transaction for the joint venture platform focusing on the life science and R&D real estate market in Asia-Pacific.
• Ascendas Funds Management (S) Limited, as manager of Ascendas Real Estate Investment Trust ("Ascendas REIT") in Ascendas REIT's acquisition of DSO National Laboratories buildings and DNV GL Technology Centre located at 12, 14 & 16 Science Park Drive for a purchase consideration of S$420 million from Ascendas Land (Singapore) Pte Ltd.
• Manulife Financial Corporation in the purchase of the entire equity stake in DBS China Square Limited which holds the property known as "PwC Building" based on an agreed property value of S$747 million from DBS Bank Ltd.
• The syndicate of banks in the more than S$1.33 billion financing to SportsHub Pte. Ltd. for the development and construction of the Singapore Sports Hub, which is understood to be the world’s largest Public-Private Partnership ("PPP") sports facilities infrastructure project and one of Singapore's flagship PPP projects. The deal won nine international awards including the "Asia-Pacific PPP Deal of the Year" and "Global Deal of the Year" handed out by Euromoney's Project Finance Magazine.
• Perennial Shenton Property Pte. Ltd., as borrower, in the re-financing of the acquisition of, and the S$3 billion green loan syndicated financing of the project development at, 8 Shenton Way (slated to be the tallest building in Singapore).

Related Practice

• Corporate Real Estate

• Co-author of the Singapore chapter of the Asia Pacific Property Investment Guide (2013 to 2017 Editions).

The Legal 500

• Real Estate: Local Firms – Recognised

 Best Lawyers

• Recognised in Real Estate Law