Big Four Singapore firms Rajah & Tann and Allen & Gledhill are advising Hong Kong’s Link Real Estate Investment Trust (Link REIT) on its $1.6 billion acquisition of two suburban retail assets from Singapore-based property investment company Mercatus Co-operative Ltd. 

Hong Kong-listed Link REIT, which focuses on commercial properties and carparks, announced in December via a filing with the Hong Kong Stock Exchange that it will be purchasing a portfolio of shopping malls, Jurong Point and Swing By @ Thomson Plaza, from Mercatus Co-operative.