Slaughter and May is advising Chinachem Group on a prime sustainable cold storage and logistics facility joint venture

Slaughter and May is advising Chinachem Group on its joint venture with ESR Group for the development of a prime cold storage and logistics facility with sustainable building features in Hong Kong, with the total capital commitments of the shareholders of the joint venture being HK$14 billion.

The joint venture marks a key milestone in Chinachem Group’s business diversification strategy, extending its business to the logistics sector for the first time through this collaboration.