Lynette is a real estate lawyer based in Singapore. She leads the real estate practice in Asia as Director of Ascendant Legal LLC, and has more than 20 years of extensive real estate experience, both as a practicing lawyer and an in-house counsel. She has advised and represented domestic and foreign investors, institutional investors, property funds, financiers, developers and asset managers in all aspects of real estate transactions.
Lynette has worked on matters across the Asia-Pacific region, including in Malaysia, Indonesia, Thailand, Myanmar, China, Japan, Korea and Australia. In the course of her work, Lynette has engaged with governmental agencies, statutory boards and other regulatory authorities, and has experience in dealing with a wide range of complex legal matters including those relating to regulatory, corporate and compliance issues.
Before joining Ascendant Legal in 2019, Lynette was a legal consultant at one of the largest real estate investment management companies in the world. Prior to that, she was head of the real estate practice in a large international firm in Singapore, from 2008 to 2016, and ranked consistently as a Leading Individual in Singapore real estate category by Chambers Asia. The directory noted that she is " well versed in the full range of domestic and cross-border transactions", and the clients appreciated how she "sets the tone on a transaction as to the way in which it should be structured and executed".
She was also commended for her “strong dedication” and “good real-estate knowledge” by Legal 500 Asia Pacific. Clients acknowledged that the deal team was “very pragmatic, proactive and knowledgeable". Lynette was also nominated in the individual category as ‘Best in Real Estate’ in the Euromoney Asia Women in Business Law Awards 2015.
Key industry sectors
- Real estate
- Financial Institutions
- Banking and Finance
- Hotels, hospitality and leisure
- Construction and engineering
- Asset management
- England and Wales (1993) – Barrister at Law
- Singapore (1995) – Advocate and Solicitor
Memberships and activities
- The Honourable Society of the Middle Temple
- The Singapore Middle Temple Society
- The Law Society of Singapore
- The Singapore Academy of Law
- TCC Prosperity, part of the TCC Group which is controlled by the directors and controlling shareholders of Frasers Property, on its investment into Northpoint City (South Wing), a suburban retail mall in Singapore with a lettable area of 26,994 square metres. Following the deal, Frasers Property's subsidiary, FCL Amber, will hold the remaining 50 percent stake in North Gem Trust. As part of the agreement, Frasers Property and Bright Bloom Capital have pre-emptive rights on each other's stake in Northpoint City (South Wing).
- Clients in relation to the Helios Terminal on Jurong Island in Singapore, including the lease of land from JTC and the construction of the storage tank facility and jetty, and related agreements for the offshore floating platforms, the use of the foreshore and the dredging of the seabed for use in its operations providing pipeline connection, tank-to-tank transfer, ship-to-ship transfer, ship-to-ship transfer via shoreline, barge loading and unloading, vessel loading and unloading, heating and bonded warehousing for fuel oil and gases.
- The buyer in its acquisition of the issued share capital of the company owning an office tower at Robinson Road, Singapore.
- A JV company in the sale of a retail mall at Selegie Road, Singapore.
- An investment company in respect of the lease of units in a retail and office development (with the entire office tower being leased to a Singapore government agency) in the district of Jurong, Singapore.
- A developer and REIT in respect of the lease of several commercial buildings in Singapore.
- A US-based MNC in its sale of an industrial building to a German private equity fund.
- A US-based MNC in the sale and leaseback of an industrial building at Ang Mo Kio, Singapore.
- The buyer in its acquisition of 26% of the units in a Singapore-listed REIT and a 50% equity interest in the holding company of the manager and Singapore property manager of the REIT.
- The trustee of a REIT, in its disposal of an industrial building in Singapore to another REIT.
- An Indonesian conglomerate in respect of its major projects, including its proposed joint venture with a Singapore government-linked company for investments into real estate assets in Indonesia, and in relation to the re-development of a luxury hotel in Jakarta into a mixed-use development comprising hotel, office and residential properties.
- The ultimate holding company of an MNC on the transfer of multiple properties in Singapore owned by the company, as part of a global separation strategy of the company into two public Fortune 50 companies.
- An established Asian private equity real estate operator and investor, in respect of its sale of shares in a company owning a hotel located at Beach Road, Singapore.
- A Hong Kong-based private equity investment company in its acquisition of a 308-room hotel in Singapore.
- The sponsor in its listing and public offering on the Hong Kong stock exchange amounting to HK$2.2 billion.
- The manager in the public offering of an industrial REIT and listing amounting to S$512 million, and subsequent debt financing.
- The manager of various REITS in the acquisition and leaseback, and sale, of several industrial buildings in Singapore.
- An Indonesian conglomerate on the first en-bloc sale and build-to-suit of a 47-storey international Grade-A office tower in Jakarta. This deal was recognized in the ALB Indonesia Law Awards 2015, as the ‘Real Estate Deal of the Year’.
- The seller in its sale of a hotel in Singapore to a Singapore-based hospitality REIT. This deal was recognized by Real Estate Investment World Asia 2013 as the ‘Best Exit of the Year’.