Firms To Watch: Real estate and construction

Alshahrani Almansour (in collaboration with DLA Piper) is noted for its expertise in advising on complex, high-value construction disputes in the KSA.

Real estate and construction in Saudi Arabia

Legal Advisors, Abdulaziz I. Al-Ajlan & Partners in association with Baker & McKenzie Limited

Legal Advisors, Abdulaziz I. Al-Ajlan & Partners in association with Baker & McKenzie Limited draws upon the firm’s global presence to advise on a range of international and domestic real estate and construction projects. Bilal Ambikapathy and Gavin Witcombe lead the real estate and construction departments respectively, with the former advising developers, investment funds and Islamic banks on large-scale projects. The team continues to handle a high volume of tourism-related work, with a key focus on hotel projects. Senior associate Salman Abdullah supports the team, splitting his time between Bahrain and Saudi Arabia.

Practice head(s):

Bilal Ambikapathy; Gavin Witcombe

Other key lawyers:

Salman Abdullah

Key clients

Alinma Investment Company

ROSHN

Rua Al Madinah Holding Company

Arcapita

Apple Inc

MiSK City Company

State Property General Authority

Thakher Development Company

Sela Sport Company

Sidra Capital

Maad International Company

Mohammed I. Alsubeaei & Sons Investment Company (MASIC)

Sulaiman Abdulaziz Al Rajhi Real Estate Investment Company

HSBC Saudi Arabia

Royal Commission for AlUla

Boutique Collection Company

Diriyah Gate Development Authority

Olayan Financing Company

Saudi Binladin Group Limited

Saudi Railway Company (SAR)

Majid Al Futtaim Properties

King & Spalding LLP

King & Spalding in Affiliation With the Law Office of Mohammad Al-Ammar stands out in the real estate and construction market for its strength in advising prominent regional and international developers on the entire lifecycle of a project. Contentious and non-contentious mandates are prominent in the group’s workload. Dubai-based Moustafa Said is a key member, with particular experience advising hotel owners and operators. Construction specialist Tim Burbury leads the non-contentious side, supported by associates James Clark and Sam Muir. Patrick McPherson is the go-to regarding contentious matters, focusing on high value construction disputes throughout the GCC. Sayf Shuqair is another key contact. In December 2022 Randall Walker left the firm.

Practice head(s):

Moustafa Said; Tim Burbury; Patrick McPherson

Other key lawyers:

James Clark; Sam Muir; Saif Shuqair

Testimonials

‘The team at King and Spalding is quite simply excellent for Giga projects in the KSA. Led by the tireless Tim Burbury, the team of lawyers that he has deployed directly and manages indirectly foresee our issues and head them off at the pass.’

‘K&S stand out from the crowd with their desire to understand a client’s issues and provide effective and speedy resolutions. They are one of the strongest teams technically with a breadth of experience to draw upon.’

‘Tim Burbury runs his team in a way that just works, without any issues or problems, the team is always available. He is a great counsellor providing direct legal advice and sometimes more strategic considerations.’

‘James Clark, who if I could I would take tomorrow! He lives and breathes a project, he knows the pain points, where the resources run thin and steps in to help and achieves great results. He provides sage and commercially reasonable advice across a broad spectrum of construction infrastructure and project finance matters.’

‘Sam Muir is an associate who is heavily invested in a project and is an excellent lawyer to have supporting your team. Tim is to be congratulated on putting together such a strong team.’

Key clients

Knowledge Economic City

NEOM

Oxagon

ENOWA

Abu Dhabi Future Energy Company

Electricity de France (EDF)

Mubadala Investment Company

Miral

Misk Foundation

Capitol 4 Limited

MyClinic

Riyad Capital (Riyadh)

Al Rajhi Capital

Midad

Capitol 5 Limited

Diyaar Al Salheya

Seven Tides

Roshn Real Estate

Arcapita

Riyad Capital

Riyad Bank

Al Rajhi Capital

Midad

Ashmore Investment

Al Habib Investment Group

Sharjah Media City (SHAMS)

Mulkiya Capital

Al Tamimi & Company

Al Tamimi & Company is home to a full-service real estate practice, and offers a dedicated regional hotels and leisure team throughout Saudi Arabia and the Middle East. As well as being generally commercially minded, the team is noted for its specialist knowledge in areas such as hospitality, legislative drafting and social infrastructure. Andrew Thomson heads the firm’s real estate practice and splits his time between Dubai and Riyadh. Andrew Symms supports the team from Doha.

Practice head(s):

Andrew Thomson; Andrew Symms

Key clients

Roshn Real Estate Company

King Abdullah Financial District

Bin Laden International Holding Group

Knowledge Economic City

Uptown Jeddah Company

Saudi Downtown Company

International Company of Water and Power Projects (ACWA Power)

Riyadh Capital

Jones Lang LaSalle (JLL)

PricewaterhouseCoopers (PwC)

Waqef Suleiman Al Rajihi

Abdulkader Al Muhaidib and Sons

Rafal Real Estate Development Company

Lafana Holding Company

Banque Misr (Egypt National Bank)

Heatherwick Studio

Wison Contracting

Work highlights

  • Advised International Maritime Industries as developer of the largest shipyard in the region.
  • Advising Heatherwick Studio on multiple high-profile projects throughout KSA.

The Law Office of Megren M. Al-Shaalan in cooperation with White & Case

The Law Office of Megren M. Al-Shaalan in cooperation with White & Case fields a strong construction practice in the KSA. The team is led by Abu Dhabi-based Adam Pierson, who advises prominent regional companies, for example Aramco, on some of the biggest social infrastructure developments throughout the region. Ibaad Hakim and Louise Vun are key contacts in Dubai.

Practice head(s):

Adam Pierson

Other key lawyers:

Ibaad Hakim; Louise Vun

Clyde & Co LLP

Clyde & Co LLP‘s practice advises on the full gamut of real estate and construction matters, spanning land construction and corporate structuring to hospitality development and dispute settlement. Construction specialist Ben Cowling leads the practice and is a highly regarded practitioner in the space, with an excellent reputation for his in-depth knowledge and experience of both the transactional and contentious side of large-scale projects. He is supported from Dubai by Peter Greatrex, who regularly advises master developers on complex cross-border hospitality matters. Senior associate Ben Cunningham is also a key name to note in the Riyadh office.

Practice head(s):

Ben Cowling

Other key lawyers:

Peter Greatex; Ben Cunningham

Testimonials

‘Depth of knowledge of Saudi market.’

‘Ben Cowling is exceptional.’

AlSabhan & AlAjaji Law Firm

AlSabhan & AlAjaji Law Firm is noted for its established expertise in advising on the transactional and contentious aspects of large-scale construction and real estate projects within Saudi Arabia. Operating out of the Riyadh office, practice head Ibrahim Alajaji is well known for representing government-owned ministries and master developers as well as private property funds. Naif Alsabhan is a key name for litigation, and Peter Blackmore has a strong track record in assisting developers and contractors with PPP projects. Mark Raymont and Philip Corfield-Smith are key names in the Dubai office.

Practice head(s):

Ibrahim Alajaji; Peter Blackmore; Mark Raymont; Philip Corfield-Smith

Other key lawyers:

Nasif Alsabhan

Key clients

NMC Healthcare Ltd

CGGC International

Consortium of FCC Construction SA and International Hospitals Construction Company

Ministry of Human Resources and Social Development (MHRSD) and NCP

The Red Sea Development Company (TRSDC)

Acciona Agua

Tamasuk Holding Company

FCC Aqualia

FCC Construction

Work highlights

  • Assisting a project developer with multiple hotel projects, involving negotiations on the integrated resort participation agreement with appointed international operators.
  • Advising NMC Healthcare Limited on its USD 7.5 billion restructure, including the restructure of its property portfolio across six emirates of the UAE.
  • Provides ongoing advice to CGGC International (as lead counsel) on its equity investment and its bid for EPC contractor for the high-profile Red Sea Project in Saudi Arabia.