SINGAPORE and TOKYO, December 19, 2016: Morgan Lewis represented Kenedix Asia Pte. Ltd., a subsidiary of Kenedix, Inc. (TSE: 4321), through its Malaysian subsidiary KDA Capital Malaysia Sdn. Bhd., in its announced agreement to acquire 15% of the units of Malaysia-listed AmanahRaya REIT (AARET:MK) and 49% of the shares of AmanahRaya-REIT Managers Sdn. Bhd., the manager of AmanahRaya REIT, to become a joint-sponsor of AmanahRaya REIT. Kenedix is Japan’s largest independent real estate asset management company.
The Morgan Lewis team advising Kenedix on the transaction was led by partners Bradley Edmister, Joo Khin Ng, and Tsugu Watanabe.