Real estate and construction in Oman

Al Busaidy, Mansoor Jamal & Co

Al Busaidy, Mansoor Jamal & Co has a first-rate reputation in construction projects, with its work covering mixed-use developments, energy and infrastructure projects, hotels and tourism complexes, among other areas. Its team also handles real estate transactions, project finance transactions, dispute resolution and has seen growth in REITS-related matters. Practice head Mansoor Jamal Malik, who is highly rated by peers and clients, manages large power and water infrastructure projects. Ravinder Singh and senior associate Robert Booth are other notable individuals.

Practice head(s):

Mansoor Jamal

Key clients

First Qatar Real Estate Development and Co

Larsen & Toubro

Majid Al Futtaim Group and its subsidiaries

Marriot Hotel

Muriya Tourism Group and its subsidiaries

Muscat Bay (Saraya Bandar Jissah SAOC)

Muscat Intercontinental Hotel

Muscat National Development and Investment Company SAOC (ASAAS)

Muscat Duty Free

Ministry of Defence Pension Fund

Oman Shapoorji Company LLC

Oman Cement Company SAOG

Oman Investment Authority

Oman Sales and Services Company (Muscat Duty Free)

Oman Tourism Company SAOC

Radisson Hotel Group

Shinas Generating Company SAOC

Suhail Bahwan Group

Work highlights

  • Advised Oman Telecommunications Company SAOG (Omantel) on the $575m sale of its passive infrastructure tower assets to UK-based Helios Tower Plc.,a leading infrastructure company listed on the London Stock Exchange, via a locally established SPV.
  • Advised Eagle Hills Properties LLC with respect to the financing of the Oman Shatti Project.
  • Advised Renaissance Duqm Accommodation Company SAOC on the financing of expansion of AccommodationComplex located in the Duqm Special Economic Zone (SEZ).

Dentons

The ‘very well organized and impressive’ real estate and construction group at Dentons handles international and domestic projects, real estate financing and development matters. Andrew Figgins leads on construction-related mandates, while Jamie Gibson is the name for real estate work. The roster of clients includes government agencies such as the Ministry of Housing and Urban Planning. Other core team members include UK-qualified senior associate Yasser Taqi who has experience of working across the Middle East, including the UAE, and counsel Justine Harding.

Practice head(s):

Andrew Figgins; Jamie Gibson

Other key lawyers:

Yasser Taqi; Justine Harding

Testimonials

‘They provide good pragmatic commercial advice.’

‘Very well organised and the handling of the project progress was impressive.’

‘Yasser Taqi – excellent communication skills in both Arabic and English and written and oral. Great decision-maker. His ability to wear the hat of the different stakeholders and aim to fulfill their needs through this PPP agreement was very commendable.’

‘Dentons is fairly experienced in the field and has a dedicated team for real estate and construction matters.’

‘Yasser is extremely skilled in construction arbitration matters.’

‘Use of different levels of expertise in the firm to meet the client’s needs while maintaining a value-based approach to fees.’

‘Knowledge and experience in their respective fields. Team has talent and experience.’

Key clients

Oman Investment Fund (OIF)

Fisheries Development Oman SAOC

Marasi Duqm LLC

Yiti Tourism Development Company SAOC

Maysan Properties SAOC

Eagle Hills

Ministry of Housing & Urban Planning

Damac Properties

Work highlights

  • Advising the Ministry of Housing & Urban Planning (previously The Supreme Council for Planning) on drafting and negotiating a development agreement for the country’s first-ever affordable housing development.
  • Advising Marasi Duqm LLC master developer on all matters relating to the development of Maysan Square – Oman’s first-ever scheme to sell residential and commercial units on a usufruct basis.
  • Advising Muscat National Development and Investment Company SAOC (ASAAS) on the acquisition of a plot of land measuring 1.5 million square metres that is being developed into a theme park that will involve private investors.

Said Al-Shahry & Partners (SASLO)

Said Al-Shahry & Partners (SASLO)' ‘hardworking and focused’ real estate and construction group is active in construction arbitrations and alternative dispute resolution. It regularly advises on mixed-used real estate projects, financing developments and PPP projects, among other matters. Thamer Al Shahry is a key name, as is Graham MouatSaid Al Shahry leads complex contractual disputes.

Practice head(s):

Said Al Shahry

Other key lawyers:

Thamer Al Shahry; Graham Mouat

Testimonials

‘I think that they are the most qualified local office in the field of real estate and construction. They can form together a very efficient and cooperative team.’

‘Competent, hard-working, focused lawyers who have a commitment to quality.’

Key clients

ABENGOA

Aktivco

Al Rajhi for Development – Oman

Al Reef Real Estate Company SAOC

ARUP

Associated Consulting Engineers (ACE) International

CPEC – Architectural & Engineering Consultancy

Majid Al Futtaim

Martin Engineering GmbH

Mint Projects International LLC

Mott MacDonald

OHL Industrial S.L.

Oman Global Logistics Group SAOC (ASYAD)

Oman Shapoorji Company LLC

Oman Tourism Development Company SAOC (OMRAN)

Roadbridge Construction Oman LLC

SAS Gulf United Company LLC

Seureca Muscat LLC

STFA Construction Group

W.J. Towell & Co. LLC

BIC Contracting LLC

Al Alawi & Co. Advocates & Legal Consultants

Under the leadership of Sahil Taneja, the real estate practice at Al Alawi & Co. Advocates & Legal Consultants is active in infrastructure and construction-related project financings and commercial property acquisitions. Riza Ismail  advises clients on investment funds, real estate transactions and project financings, particularly in the energy sector. Ali Khamis Al Alawi remains a key name in the practice.

Practice head(s):

Sahil Taneja

Other key lawyers:

Riza Ismail; Ali Khamis Al Alawi

Key clients

Shumookh Al Sharqiya Construction & Investment LLC (SSC”)

Al Yusr Islamic Banking

Oman Arab Bank

Oman Drydock Company LLC

Oman Power & Water Procurement Company (OPWP)

Salalah Free Zone Company SAOC

Al Tasnim Group

OMRAN (Oman Tourism Development Company SAOC)

Yiti Tourism Development Company SAOC

Work highlights

  • Acted for Al Yusr Islamic Banking, Oman Arab Bank on the financing of the development and construction of water network pipeline throughout Oman through the use of istisna’/ diminishing musharaka structure.
  • Advising the national drydock company on a consolidated shipbuilding agreement relating to the construction of 101 vessels at the company’s dockyard in the recently established special economic zone in Duqm.
  • Advised Shumookh Al Sharqiya Construction & Investment LLC on the 300 million Sur CityWalk Project, specifically, an acquisition of substantial equity state therein including resultant project restructuring.

Mohammed Al Ruqaishi Law Firm

Mohammed Al Ruqaishi Law Firm’s real estate group has expertise in large-scale industrial project developments and is also noted for construction disputes. Key names include Ali Naveed Arshad, who handles project financings, and Hashim Shekhuna, who handles construction disputes and local land rights. The team also assists construction companies with joint venture agreements and other corporate advisory work. Mohammed Al Ruqaishi is a litigation expert.

Practice head(s):

Ali Naveed Arshad; Hashim Shekhuna

Other key lawyers:

Mohammed Al Ruqaishi

Key clients

Oman Sugar Refinery Company LLC

Biyaq Oilfield Services LLC

AZ Engineers & Partners LLC

Consolidated Contractors Company Oman LLC

Kempinski hotel Muscat – Oman Hospitality Company SAOC

Black Gold Integrated Solutions Co LLC

Descon Engineering Oman LLC

Kirtanlal Metal Products and Co. LLC

Safeer Arabian International LLC

Work highlights

  • Advised Oman Sugar Refinery on Usufruct Agreement, Engineering Procurement Construction Contract and Facility Agreement.
  • Advised Black Gold Integrated Solutions Co LLC as project company local counsel on its project development and EPC arrangements and Istisna Agreement (i.e. construction contract for Shariah based project facilities.)
  • Advised AZ Engineers & Partners LLC on the joint venture arrangements relating to the project special purpose joint venture company established to execute the Adawnib Dam project awarded to the joint venture of Portex-Eksen-NTF-AZ Engineers.