19 April 2021

Allen & Gledhill advised DBS Bank Ltd., Oversea-Chinese Banking Corporation Limited and MUFG Bank, Ltd. (together, the “Mandated Lead Arrangers”), as transaction counsel, on the S$633.8 million term and revolving credit facilities to BPH Propco LLP (a joint venture of OUE Commercial REIT and ACRE Angsana Pte Ltd, a special purpose vehicle managed by Allianz Real Estate Asia Pacific Pte Ltd) for the purposes of financing its acquisition of OUE Bayfront.

Advising the Mandated Lead Arrangers was Allen & Gledhill Partner Lim Wei Ting.

Advising the Mandated Lead Arrangers on real estate issues was Allen & Gledhill Partner Ernest Teo.


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