Baker McKenzie acted as lead counsel to the purchaser in the acquisition of a 304-room upscale hotel located on the fringe of Singapore’s Central Business District and Chinatown heritage precinct. The acquisition was completed by a private fund managed by BlackRock and YTL Hotels.
The transaction marks the second hospitality acquisition in Singapore by a private fund managed by BlackRock and YTL in less than 18 months, following their acquisition of the now re-branded Oakwood Premier Raffles Place in May 2025.
The Baker McKenzie team was led by Ting Xiao Hui (Principal), with support from Ong Liang Jun (Local Principal), Willy Wai (Associate), Geraldine Ong (Senior Consultant), Michelle Koh (Senior Associate), Kenneth Chuah (Principal), Vinny Yap (Associate) and Brian Tan (Trainee) in Singapore, and Graeme Dickson (Of Counsel) in Sydney.
The deal is the latest addition to Baker McKenzie’s track record advising on significant real estate M&A transactions in Southeast Asia, which includes IOI Properties Group’s proposed acquisition of Asia Square Tower 2 for approximately USD 1.9 billion.
Where the legal industry reads first.
Enjoyed this article? Get the biggest legal industry updates, deals, appointments, insights and expert interviews in your inbox, free.
No spam. Unsubscribe anytime.From Legal Desire
Is your firm the one being cited, or the one being skipped?
We ran the test. On several everyday legal questions, software companies are answering and law firms are not. We help firms fix that, and we build the technology behind the practice.
Lawyers and firms: get featured on Legal Desire
Share your deals, lateral moves, firm news and insights with 1M+ monthly readers: founders, law firm partners, general counsel and practising lawyers across the US, UK, EU and GCC.
Get featuredSubmit a press releaseThe advising firms, the named deal team, the value and the parties, with every other announced deal by the same firms and lawyers. Open the deal record
