Jonathan Hwang

Jonathan Hwang is a Partner in the Firm’s private equity practice in Asia. He is based in Hong Kong and leads the Firm’s pan-Asia Real Estate team.

Jonathan advises leading private equity sponsors, institutional investors and corporations on complex cross-border M&A transactions, with particular expertise in real asset-related transactions across the Asia-Pacific.

He regularly advises on acquisitions, disposals, joint ventures, co-investments, and the structuring of investment platforms and management promote arrangements.

Jonathan’s experience spans all asset classes, including office, retail, industrial, residential and digital infrastructure, as well as a broad range of investment structures, including structured equity and real estate-backed financing arrangements.

Jonathan's team in Hong Kong was named “Real Estate and REIT Practice of the Year” by China Business Law Awards (China Business Law Journal) in 2017, 2021-2023. Jonathan is rated as a “Rising Star Partner” on IFLR1000 and speaks English and Mandarin.

Jonathan’s representations have included:

• Blackstone in its acquisition of a logistics portfolio from QUBE Industrial Asset Management in Korea
• KKR in its strategic joint venture with Weave Living and related investments in residential portfolios in Japan
• Blackstone in its acquisition of a 40% stake in Kolte-Patil Developers Limited, a listed Indian real estate developer
• KSL in its minority investment and subsequent obtainment of a controlling stake in Soneva Resorts in the Maldives
• Blackstone in its sale of the Avery Lodge Portfolio in Singapore
• Blackstone in its partnership with Travelodge Asia and related hotel acquisition in Korea
• Blackstone in ongoing matters related to its A$24 billion acquisition of AirTrunk
• Blackstone in its asset rollup transactions and subsequent IPO listings of Ventive Hospitality and Nexus REIT in India
• Blackstone in the formation of Lumina CloudInfra data center investment platform
• PAG in the formation of FLOW Digital Infrastructure data center investment platform
• Blackstone in its US$1.1 billion acquisition of the largest logistics park in China’s Greater Bay Area, which was named “Deal of the Year” for 2021 by China Business Law Journal
• Blackstone in its US$1.25 billion acquisition of VivoCity Mall in Shanghai from Mapletree
• Blackstone in its Rs $47.5 billion acquisition of a 50% stake in prime commercial properties from Indiabulls
• Blackstone as part of a consortium with Gaw Capital Partners and Goldman Sachs in a HK$12 billion acquisition of 12 shopping centers in Hong Kong from Link REIT
• Founder team of IndoSpace, in its strategic partnership with GLP and CPPIB
• Blackstone in its Rs $47.5 billion acquisition of a 50% stake in prime commercial properties from Indiabulls
• Blackstone in its formation of DCI Data Centers in Australia and subsequent disposal
• Blackstone in its acquisition of a minority equity interest in PAG
• Blackstone in its US$480 million acquisition of a 50% stake in Taubman’s retail investments in Asia, including shopping centers in Seoul, Korea and Xi’an and Zhengzhou, China
• Blackstone in its US$1.9 billion sale of SCP Company, which owned a portfolio of shopping centers in the PRC, to Vanke and its partners
• Blackstone in its NZ$200 million minority investment in Partners Group Holdings Limited and subsequent divestment
• Blackstone in its acquisition of a US$360 million stake in Crown Resorts in Australia
• Blackstone in its acquisition of a retirement village portfolio in New Zealand from Lendlease and its subsequent divestment
• Blackstone in its S$367 million investment in Quayside Collection at Sentosa Cove, Singapore and subsequent divestment
• Blackstone in its US$129 million (A$150 million) investment in Australia’s National Lifestyle Villages

Jonathan received his J.D. from Harvard Law School in 2009 and his B.S. in Civil Engineering from Stanford University in 2006.