Freshfields Bruckhaus Deringer has advised Hong Kong-headquartered logistics real estate platform ESR Cayman on its $5.2 billion acquisition of fund manager ARA Asset Management, which was counselled by Latham & Watkins.
According to Reuters, the combined entity will be the third-largest listed real estate investment manager in the world. Of its $129 billion of assets under management, more than $50 billion is new economy real estate such as data centres.
The Latham team was led by partners Amy Beckingham, Richard Watkins and Terris Tang.
To contact the editorial team, please email ALBEditor@thomsonreuters.com.