Baker McKenzie Advises IOI Properties Group on Proposed USD 1.9 Billion Acquisition of Singapore’s Asia Square Tower 2
"Baker McKenzie advised IOI Properties Group on its signing to acquire the BVI entity owning Asia Square Tower 2, a Grade A office tower in Singapore’s Marina Bay, from CapitaLand Integrated Commercial Trust for about SGD 2.5 billion (≈ USD 1.9 billion). The cross-border, multidisciplinary Singapore–Malaysia team was led by Shirin Tang, Mark Tay and Tan En Lai, supported by specialists across real estate, public M&A, funds, finance and competition practices (including Malaysia member firm Wong & Partners). The deal highlights Baker McKenzie’s ability to coordinate global and local teams on large, complex transactions."