Manchester-based Halliwells advised nominated adviser Grant Thornton Corporate Finance and broker LCF Edmond de Rothschild Securities on the deal.
Halliwells has experience of advising on similar deals and acted on China Central Properties’ (CCP’s) $500m (£242m) AIM fundraising in June.
Puhar said: “The continuing attractiveness of Chinese property is interesting when contrasted with the level of fundraising for
LG advised
The closed-end fund was set up to invest in existing and new residential, office, retail, hospitality and industrial real estate in Greater China. LG has acted for Pacific Alliance
Heather said: “It is a decent result to raise this sum of money when the markets are turbulent.”
Maples and Calder provided advice on