In August 2021, Keppel Land China announced that it had established a joint venture with Topchain Group through its wholly-owned subsidiary. The joint venture will operate and manage properties in the Chinese market, focusing on offices and business parks, with potential for asset enhancement initiatives (AEI) in China.
The joint venture will provide services such as AEI design, planning submission and construction management during the AEI stage, as well as leasing and property management including smart office solutions during the operations stage of the properties. The joint venture will first provide services to some assets owned by Keppel Land China and Topchain in Shanghai, and progressively extend to properties owned by third-party owners. One of the seed projects under this strategic partnership will be the provision of asset management services at The Kube, a commercial property of Keppel Land China in the core area of Zhangjiang Hi-Tech Park, a premier business park in Shanghai.
As the legal adviser of Keppel Land China, Llinks have been involved in the whole process of investment structure demonstration, transaction document drafting and so on so forth.
