For more information on the Real Estate and Banking Practice Group, please contact Pauline Lee at pauline@harryelias.com.sg.

Our Real Estate and Banking Practice Group advises on real estate and related financial transactions for individuals and corporate clients.

Our services include advising on, structuring and drafting:

• sale, purchase or acquisition of real estate properties or interests
• joint ventures and development agreements
• leases
• mortgages, charges and assignments
• financing facility agreements and debentures
• en-bloc sales

Our clients include major developers such as Capitaland, City Developments Limited and FraserCentrePoint and statutory boards like the Central Provident Fund Board. We also advise banks and other financial institutions.

Some of the major projects that we have been involved in are as follows:

Transactions

1. Acted for Marriot International Inc. in relation to the development and management of The Ritz-Carlton Residences Singapore Cairnhill, a 58-unit luxury residential condominium including advice on licensing, real estate and regulatory issues.
   
   
2. Advised Hang Huo Enterprise Group Limited, the first foreign company from Macau, and its subsidiary Hang Huo Management (S) Pte Ltd in their investment in and on a loan facility with DBS Bank in relation to the purchase, development and construction of a Singapore boutique Hotel Link hotel at Tiong Bahru Road, an innovative conversion of two blocks of Singapore Improvement Trust (SIT) flats into a new hotel.
   
   
3. Advised Singapore Health Partners in its successful tender in relation to the purchase of land to build the FIRST mediplex in Singapore, comprising a hospital, hotel and medical centre.
   
   
4. Advised Tiong Aik Investments Pte Ltd, a medium-sized developer on a loan facility with Oversea-Chinese Banking Corporation Limited in relation to the en-bloc purchases of 18 units of a residential development at Jalan Datoh for re-development into a 54-unit residential development known as The Citrine.
   
   
5. Advised Sino Holdings (S’pore) Pte Ltd, a medium-sized developer on a loan facility with Malayan Banking Berhad in relation to the en-bloc purchases of 18 units of a residential development at Wilkie Road, Wilkie Mansion for re-development into a 58-unit residential development known as Estilo.