Phill Smith
Phill Smith
Phill Smith
Biography
Phill advises trustees and managers of real estate investment trusts (REITs) with respect to acquisitions and disposals, financings and regulatory requirements, issuers, arrangers and trustees of bond issues in the debt capital markets (DCM) and sponsors and investors in connection with the formation of private equity real estate (PERE) and other funds. He has a wide variety of experience in a number of practice areas having practised as a lawyer in Hong Kong SAR since 1988.
Spoken Languages
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English
Admissions
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New South Wales
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England and Wales
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Hong Kong
Related Practice Areas
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Real Estate Sector
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Real Estate
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Tax & Private Client
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Real Estate Finance
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Commercial Real Estate
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Real Estate Private Equity, Investments & REITs
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Finance
Experience
- Advised Champion REIT on the GBP drawdown related amendments to its HK$1 billion revolving credit facility and on its acquisition of a 27% minority interest in a joint venture formed to acquire an office building leased to Deloitte in London valued at £260 million.
- Advised Link REIT on the update of the listing of its US$5 billion medium term note programme on the Hong Kong Stock Exchange and on the issues relating to the trustee in respect of its £371.4 million acquisition of a 17-storey office building in London, from Hines Global REIT and its RMB3.2 billion acquisition of a 50% interest in a shopping mall in Shanghai known as Qibao Vanke Plaza from GIC, Singapore’s sovereign wealth fund.
- Advised Sunlight REIT on the HK$500 million sustainability-linked loan arranged by DBS Bank, Ltd.
- Advised Yuexiu REIT on the update of the listing of its US$1.5 billion medium term note programme on the Hong Kong Stock Exchange and the related issue of US$400 million 2.65% Notes due 2026 and its hedging arrangements
Related Insights
Awards
Jan 14, 2022
Jan 14, 2022
Chambers Asia Pacific & Greater China Region 2022
Awards
Jan 14, 2022
Jan 14, 2022
Legal 500 Asia Pacific 2022
Insights
Jul 17, 2020
Jul 17, 2020
Real Estate Investment Trusts in Hong Kong may soon benefit from enhanced investment and borrowing powers
Insights
Jun 24, 2020
Jun 24, 2020
Hong Kong: The Limited Partnership Fund Regime for Private Equity Real Estate Funds and other Private Equity Funds
Insights
Apr 09, 2020
Apr 09, 2020
Hong Kong Government reaches out to help businesses stay afloat
Hong Kong Government has issued a further round of financial relief worth HK$137 billion (US$17.5 billion) to help Hong Kong combat the impacts of COVID-19.
This blog explores two key initiatives, namely (1) the Employment Support Scheme (announced on 8th April 2020); and (2) SME Financing Guarantee Scheme (announced on 26th February 2020). It also summarises other relief measures announced on 8th April 2020 which may be of interest to our clients with businesses in Hong Kong in particular in aviation, real estate, construction, tourism, hospitality, F&B and the financial services sector.
Insights
Apr 03, 2020
Apr 03, 2020
How Hong Kong SAR companies may conduct meetings amidst the COVID-19 outbreak
In light of the impacts of COVID-19, the Hong Kong government has followed the footsteps of other countries to implement laws and regulations to limit the size of gatherings. A company should now rethink whether options other than physical meetings are available to validate its corporate actions. In this article, we aim to refresh the requirements on corporate meetings and explore how a company may tackle the challenges.