Case Study

Diversifying a Client's Real Estate Portfolio

Diversifying a Client's Real Estate Portfolio

Diversifying a Client's Real Estate Portfolio In an effort to enhance its long-term shareholder value and strengthen its portfolio of commercial properties in the United States, Singapore-based Overseas Union Enterprise (OUE) Ltd., through its indirect subsidiary, Beringia Central LLC, set out to purchase Los Angeles' iconic U.S. Bank Tower — the tallest office building west of the Mississippi. Our Real Estate Team helped OUE assess the soundness of the investment and then take the necessary steps to acquire this landmark property. The 1,018-foot high, 72-story U.S. Bank Tower dominates the Los Angeles skyline. Designed by I.M. Pei, it is one of the most recognizable buildings in the city and is often shown in movies to indicate that the action is taking place in LA. OUE, a publicly traded

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