White & Case LLP has advised specialised logistics real estate development firm, The Redwood Group (Redwood) on an all-stock merger with e-Shang Cayman Limited, a leading Chinese logistics developer, owner and operator of warehousing infrastructure.

The combined group, which will be renamed e-Shang Redwood, will represent one of the largest logistics real estate platforms in Asia with more than 3.5 million square meters of projects owned and under development across China, Japan and South Korea, and capital and funds management offices in Hong Kong and Singapore.

White & Case has previously advised Redwood on its fundraising and co-investment arrangements with institutional investment partners such as PGGM, PAG and CBRE. Founded in 2006 by Stuart Gibson and Charles de Portes, Redwood is recognized for its knowledge and experience in logistics real estate development, leasing and asset management with 1.2 million square meters in operation and under development, and a large pipeline in the most prime locations across China and Japan.

The White & Case team in Singapore which advised on the transaction was led by partner Jonathan Olier with support from associates Tabitha Saw and Bella Khabbaz.