Slaughter and May is advising Swire Properties on an $800 million acquisition of a 50% stake in a mainland China development it jointly launched with Beijing investment holding company Sino-Ocean Group Holding Limited in 2015.

Paul Hastings acted for Sino-Ocean, which has agreed to sell its interest in Sino-Ocean Taikoo Li Chengdu, a mixed-use development that consists of an open-plan mall and a boutique hotel with serviced apartments, located in the Jinjiang District of Chengdu.