E-Shang Cayman Ltd. Merger with Singapore's Redwood Group Asia

Walkers has acted as Cayman Islands counsel to Shanghai-based e-Shang Cayman Ltd and its private equity investor Warburg Pincus in connection with the all-stock merger with Singapore's Redwood Group Asia, Pte. Ltd.

e-Shang Redwood, the combined group, represents one of the largest logistics real estate platforms in Asia with over 3.5 million square meters of projects owned and under development across China, Japan and South Korea, and capital and funds management offices in Hong Kong and Singapore. e-Shang and Redwood are two of the leading developers, owners and operators of logistics real estate in Asia.

Partner Arwel Lewis and counsel Amelia Hall, both based in Walkers Hong Kong, acted upon this deal.

This deal closed on 20 January 2016.