Conyers Dill & Pearman provided British Virgin Islands (“BVI”) and Cayman Islands legal advice to China Aoyuan Property Group Limited (the “Company”) in connection with its international offering of US$225 million 7.50% Senior Notes due 2021 with a security package of over 47 BVI companies governed by an existing intercreditor agreement.

The Company, one of the leading property developers in Guangdong province in China, develops composite properties, incorporating healthy living concepts of sports and health into residential communities. The Company’s primary business focus is the development and sale of residential properties including villas, townhouses, apartment buildings, high-rise residential complexes, retail shops, restaurants and public community facilities such as clubhouses and sports facilities.

The real estate projects currently held by the Company are mainly located in Guangdong, Chongqing, Sichuan, Jiangsu, Liaoning, Hunan, Auhui, Zhejiang, Guangxi, Jiangxi and Sydney, Australia. It also acquired a parcel of land located in Vancouver, Canada in 2017.

The Company aims to implement regional focus on the five major economic circles in the PRC, namely Pearl River Delta, Yangtze River Delta, Bohai Rim and Beibuwan, as well as Central and Western China and to gradually develop into the real estate market in Australia and Canada.

Partner Paul Lim of Conyers’ Hong Kong office advised on the matter working alongside Linklaters.

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