Skip to main content

Clifford Chance advised Kai Tak Sports Park, a consortium comprising of New World Development and its subsidiary NWS Holdings, on its award of a 25-year contract to design, build and operate the Kai Tak Sports Park for a sum of HK$29.99 billion ($3.8 billion).

According to the Hong Kong government, the Kai Tak Sports Park is the “most important investment in sports infrastructure in recent decades. When completed, it will become the biggest sports venue in Hong Kong.” 

Occupying 28 hectares in the north apron area of the former Kai Tak International Airport, the sports park will house a 50,000-seat stadium with a retractable roof and an indoor sports centre. Besides sports and leisure facilities, the Kai Tak Sports Park will also include commercial facilities and extensive public open space.

The Clifford Chance team was led by partners Frank Yuen, Dauwood Malik, Matthew Buchanan, Virginia Lee, Luke Grubb and Clara Tang. 

 

To contact the editorial team, please email ALBEditor@thomsonreuters.com.

Related Articles

Deals

Khaitan, JSA, Hogan Lovells guide $515 mln Waaree IPO

by Nimitt Dixit |

Khaitan & Co has advised Waaree Energies, India's largest manufacturer and exporter of solar modules, on its $515 million initial public offering, with JSA Advocates & Solicitors and Hogan Lovells guiding the bookrunning lead managers.

Deals

CAM, Khaitan guide Adani-backed Renew Exim’s $380 mln ITD acquisition

by Nimitt Dixit |

Cyril Amarchand Mangaldas has advised Adani Group's Dubai-based firm Renew Exim DMCC on its acquisition of a 46.64 percent stake in ITD Cementation India for around $380 million from Italian-Thai Development Public Company, who was represented by Khaitan & Co.

Deals

CAM, AZB, SAM, Latham advise on landmark $1.3 bln Swiggy IPO

by Nimitt Dixit |

Cyril Amarchand Mangaldas is advising SoftBank-backed Indian food and grocery delivery giant Swiggy on its much-anticipated initial public offering worth $1.3 billion, with AZB & Partners and Latham & Watkins advising the bookrunning lead managers.