Tourism and real estate in Morocco
DLA Piper has 'a dynamic young team that is very professional and always happy to help with any problem'. One client notes the 'high level of commitment and energy, and the quality of its international network'. The 'always positive' Christophe Bachelet acted for land developer Société d’Aménagement Zenata in a large retail park development.
Fraikech Associés climbs the ranking due to its position as a leading local firm in both real estate and tourism matters. It acts for large local and international clients and key partner Oussama Fraikech recently acted for Soprima Immobilier on build-to-let factory projects. He also continues to advise UAE's Al Ain Group on a large tourism development in Marrakech.
Gide Cuatrecasas Casablanca has 'deep expertise in real estate matters' and handles construction, development, lease agreements and large-scale real estate and tourism projects. Jean-François Levraud and senior associate Loris Marghieri advised real estate investment company Immorente on a lease for industrial premises in the Kenitra Atlantic Free Zone.
Naciri & Associés Allen & Overy
Naciri & Associés Allen & Overy has 'sector experts who are very accessible and reactive and who add value'. The practice, which is led by Hicham Naciri and Yassir Ghorbal, handles the full range of real estate work. Ghorbal and Antoine Haddad advised Financecom and BMCE on the development of a MAD4bn tower in Rabat.
Norton Rose Fulbright has 'solid understanding of real estate and tourism, and excellent knowledge of local law'. Alain Malek and of counsel Mathieu Dahan (who is 'an excellent specialist in this sector') advised a mall and retail group on a joint venture to develop a new shopping mall, and assisted a developer with a mixed-use project.
Bakouchi & Habachi - HB Law Firm LLP is noted for its work on investments in the tourism sector. Partners Kamal Habachi and Salima Bakouchi advised shareholders of La Tour d’Éole on the construction of a new hotel in Dakhla, and assisted Al Omrane Group regarding the government's new policy for housing and urban development.
Dentons Sayarh & Menjra
Dentons Sayarh & Menjra has a strong real estate and construction team based in Casablanca that handles zoning, planning, environmental, finance and investment matters. Patrick Larrivé, who advised Groupe Palmeraie Développement on a joint venture to develop Hôtel Abidjan Plateau, and Christophe Simmonet are the main contacts.
Garrigues Maroc Sarl
Garrigues Maroc Sarl acts for numerous Spanish investors in real estate transactions, including projects in the tourism sector. Jose Ignacio Garcia Muniozguren and principal associate Jaafar Laidi are the key contacts. They acted for Barceló in its investment in Société Financière d’Africa Palace, which owns hotels in Tangier and Agadir.
LPA-CGR joins the ranking and is 'efficient , very client-focused and very good value for money'. Romain Berthon has 'strong knowledge of Moroccan and French law'. He acted for Elsan in setting up its business in Morocco, which involved real estate matters and a co-investment in Clinique Ville Verte.
Mernissi - FIGES
Sayarh & Menjra Law Firm
assist both local and international clients with construction projects, notably in the tourism sector. Managing partner Omar Sayarh is the key practitioner and he has extensive experience in high-value real estate projects, which recently included advising the subsidiary of a Middle Eastern sovereign fund on the sale of several hotels. He is currently assisting Société d’Aménagement de Zenata with a feasibility study for a new smart city in the Zenata area.
At Bennani & Associés LLP, managing partner Mehdi Bennani is regarded as one of the leading practitioners for real estate development, and he frequently advises multinational companies on their investments. He acted for Italian automotive manufacturer Magneti Marelli in the construction of an automotive production plant in Tangier.
At El Amari & Rouissi, key partners Mariam Rouissi and Mohieddine El Amari are experienced corporate lawyers who also handle complex real estate matters. They assisted ONCF with the commercialisation of the Port of Casablanca Train Station, which included residential, tourism and commercial real estate matters.