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Herbert Smith Freehills and Adnan Sundra & Low have advised Australian developer Lendlease on its securing of a 2.15 billion ringgit ($527 million) financing facility for a mixed integrated development in Kuala Lumpur, with Zul Rafique & Partners, Allens and Linklaters advising the lenders.

The Lifestyle Quarter at Tun Razak Exchange (TRX) is mixed 17-acre integrated development, with residential, entertainment, leisure, public park, hotel and retail components and is the central part of the overall TRX financial district master plan. 

The Lifestyle Quarter is a joint venture between Lendlease and TRX City. TRX is the Australian developer’s largest integrated development in Asia.

The syndicated lenders included HSBC Bank Malaysia, Standard Chartered Bank Malaysia, SMBC Malaysia and Maybank.

The Zul Rafique team was led by partners Ashela Ramaya, Chan Kwan Hoe and Isabella Ng.

 

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