Ms Monica Yip > 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; Corporate Real Estate Practice; Real Estate Investment Trusts Practice.

Position

Head – Corporate Group;
Partner – Corporate Real Estate, and Real Estate Investment Trusts Practices.

Career

Publication – Co-author of the Singapore chapter of the Chambers Real Estate Guide since the 2017 edition.

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

  • ESR Funds Management (S) Limited (the manager of ESR-REIT) in the merger with Viva Industrial Trust by way of a trust scheme of arrangement. At the close of the transaction, the merger valued Viva Industrial Trust at S$936.7 million and created Singapore’s fourth largest industrial REIT with approximately S$3 billion in property assets. This deal won Best Singapore Deal at the FinanceAsia Awards 2018 and M&A Deal of the Year (Midsize) at the ALB SE Asia Law Awards, 2019.
  • The successful tenderers and approved developer in the financing of their acquisition of a Hillview Rise residential site through a government land sale with a top bid of S$460 million. The acquisition was made under a dual-envelope system whereby tenderers were required to submit concept proposals as part of the tender.
  • The Central Provident Fund (“CPF”) Board in the sale of the CPF Building at 79 Robinson Road, Singapore, to Southernwood Property Pte. Ltd. (a company wholly-owned by the Ascendas-Singbridge group) for S$550 million.
  • ESR Funds Management (S) Limited, as manager of ESR-REIT, in the acquisition by RBC Investor Services Trust Singapore Limited, in its capacity as trustee of ESR-REIT, of 80% of the issued and paid-up share capital of 7000 AMK Pte. Ltd. which has a leasehold interest in the land known as 7000 Ang Mo Kio Avenue 5, Singapore 569877 (together with the buildings and plant and equipment thereon) for approximately S$240 million.
  • The syndicate of mandated lead arrangers, lenders and hedge banks as transaction counsel, in the S$830 million financing to Asia Square Tower 2 Pte. Ltd. for the development of a Grade A office and retail building and a fully-integrated 5-star hotel with entertainment, dining and conference facilities within the heart of the newly-crowned central business hub of Singapore, Marina Bay.

Languages

English.

Memberships

Member, Law Society of Singapore; Singapore Academy of Law.

Education

Admitted, 1990, Singapore Bar; National University of Singapore (LL.B., Hons.).

Lawyer Rankings

Singapore > Real estate: local firms

WongPartnership LLP‘s large-scale resources and expertise is expertly deployed in a range of real estate matters, from commercial and residential acquisitions and disposals, to joint-development projects, and green and sustainability-linked loans. The firm has landed a series of major engagements from ultra high net-worth individuals and family offices in relation to substantial development projects. Dorothy Ng is a hugely experienced real estate specialist and is at the forefront of the practice alongside senior figures Monica Yip, Tan Teck Howe, Serene Soh, Cornelia Fong and Angela Lim.