Swire Properties Limited agreed to acquire the remaining 50% stake in Sino-Ocean Taikoo Li Chengdu from Sino-Ocean Group Holding Limited for CNY 5.6 billion on December 15, 2022. Lisa Chung and Natalie Yeung of Slaughter and May acted as legal advisor to Swire Properties Limited (SEHK:1972). Vivian Lam, Jeff Lee, and Peter Cheng of Paul Hastings LLP provided legal and regulatory compliance counsel to Sino-Ocean Group.

Swire Properties Limited completed the acquisition of the remaining 50% stake in Sino-Ocean Taikoo Li Chengdu from Sino-Ocean Group Holding Limited on December 21, 2022.