We acted for one of our major clients in the disposal of MassMutual Tower by way of sale and purchase of the shares and loans in the holding company. The agreement was entered into on 12 November 2015 and completion is due within 6 months of the agreement. The total transaction price was HK$12,500,000,000 and it has been reported in the press to be a record sale.

The transaction was handled by our partners Joseph Wong and Peter Sit and assisted by associate Vivian Ng, trainee solicitors Sunny Chan and Veronica Wong.