Norton Rose Fulbright and Jingtian & Gongcheng have advised China Overseas Grand Oceans Group Limited on the 3.5 billion yuan acquisition of its parent China Overseas Land & Investment Limited's roperty portfolio. The seller was represented by Mayer Brown JSM.

The property portfolio is located across third-tier cities in China such as Yangzhou, Huizhou, Huangshan, Weifang, Zibo, Jiujiang and Shantou, with the net value amounting to approximately $418.7 million.

Norton Rose Fulbright’s team was led by Hong Kong partner Psyche Tai. Dai Hua led Jingtian & Gongcheng’s team, while partner Jeckle Chiu led for Mayer Brown JSM.