Ms Serene Soh > WongPartnership LLP > Singapore, Singapore > Lawyer Profile

WongPartnership LLP
12 MARINA BOULEVARD, LEVEL 28
MARINA BAY FINANCIAL CENTRE TOWER 3
SINGAPORE 018982
Singapore

Work Department

Corporate Group; Real Estate Practice.

Position

Partner – Real Estate Practice.

Career

Serene’s main areas of practice encompass property-related transactions, including real estate acquisitions and disposal, financing and leasing.

Work Highlights

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

  • OUE Limited through subsidiaries Alkas Realty Pte. Ltd. and OUE Downtown Pte. Ltd. in the sale of Oakwood Premier OUE Singapore, its luxury serviced residences and hotel business for S$289 million to DHI Holding (S) Pte. Ltd. and DHI Downtown Pte. Ltd., being joint venture entities between AMTD Group and Dorsett Hospitality International.
  • (As Singapore counsel to) the buyer in the acquisition of the self-storage business, StorHub.
  • 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.
  • City Developments Limited (“CDL”) in the divestment by CDL and its wholly-owned subsidiaries, Fairsteps Properties Pte. Ltd. and Elishan Investments Pte. Ltd. (CDL and together with its subsidiaries, the “CDL Group”) of interests in three of CDL Group’s prime office assets in Singapore, namely 7 & 9 Tampines Grande, Central Mall (Office Tower), and Manulife Centre, worth approximately S$1.1 billion to wholly-owned subsidiaries of Golden Crest Holdings Pte. Ltd., a joint venture formed between Bestro Holdings Limited (a wholly-owned subsidiary of CDL) and Alpha Asia Macro Trends Fund II (an investment fund managed by Alpha Investment Partners Limited), via a profit participation securities (PPS) platform.

Awards & Accolades

Serene has been listed as a recommended lawyer for Real Estate in The Legal 500: Asia Pacific – The Client’s Guide to the Asia Pacific Legal Profession.

Publications

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

Languages

English.

Education

Admitted, Singapore Bar; National University of Singapore (LL.B., Hons.)

Lawyer Rankings

Singapore > Real estate: local firms

WongPartnership LLP‘s corporate real estate practice handles the full spectrum of work across the real estate sector. The ‘technically very strong‘ team assists a solid client base of REITs, developers, and high-net-worth individuals, among others, with the full spectrum of commercial, industrial, and residential property work, and is noted for its established track record in advising on financings, divestments, joint ventures, M&A real estate deals and complex lease matters. The practice is co-headed by Dorothy Marie Ng, ‘a leader in her field‘, who acts for banks and high-net-worth individuals, and corporate expert Monica Yip, who has extensive expertise in property-related transactions. Tan Teck Howe is a key name for regulatory issues. Serene Soh and Angela Lim are key names in the practice.