Real estate and construction in Saudi Arabia
Legal Advisors, Abdulaziz I. Al-Ajlan & Partners in association with Baker & McKenzie Limited provides 'exceptional service' across the gamut of contentious and non-contentious real estate and construction matters. Jointly headed by Bilal Ambikapathy and the ‘super responsive’ Gavin Witcombe, the team regularly advises on real estate and construction-sector M&A, project development and bid documentation, land transactions and REIT formation. Witcombe is advising Mohammed I Alsubeaei & Sons Investment on a proposal to construct and maintain accommodation for 2,500 Saudi Aramco employees. The team is also acting for Salini Impregilo in relation to the construction of phase one of the The Avenues project in Riyadh, which will include a shopping mall complex, two residential towers, and a tower for offices and health services.
The Law Office of Megren M. Al-Shaalan in cooperation with White & Case handles construction mandates involving infrastructure projects, commercial real estate and residential complexes. Antoine Cousin is advising King Faisal Specialist Hospital & Research Centre on the procurement aspects of the development of a new hospital and associated staff accommodation. Also recommended are Adam Pierson and Doug Peel, who heads the Middle East department.
Abuhimed Alsheikh Alhagbani Law Firm (AS&H) in co-operation with Clifford Chance
Abuhimed Alsheikh Alhagbani Law Firm (AS&H) in co-operation with Clifford Chance has experience of real estate finance, property sales and acquisitions and real estate development. Head of corporate Majid Al-Sheikh and Dubai-based counsel Tariq Imam, who heads the Middle East real estate practice, were on a team that advised Al Fozan Holding on the $655m acquisition and leaseback of a chemical handling centre in Jubail Industrial City. Tim Steadman heads the regional construction team from the Abu Dhabi office.
Law Firm of Hassan Mahassni In association with Dechert LLP has particular expertise in real estate development and development finance, where it advises primarily family investors on occupational issues in addition to development and investment matters. Key figures include legal adviser Emad Zahrani and Hassan Mahassni.
King & Spalding in affiliation with the Law Office of Mohammad Al-Ammar has particular strength in development projects in the infrastructure and utilities sector, and is also known for its construction litigation capabilities. Based in Abu Dhabi, Tim N. Burbury is advising Jeddah Economic Company on the procurement and development of a district cooling project at the Jeddah Economic City. Also recommended is Dubai-based Moustafa K. Said, who acted for Al Rajhi Capital in relation to the sale and leaseback of a tenanted office tower in Al Khobar and multiple warehouses in Riyadh.
Law Office of Salman M. Al-Sudairi in association with Latham & Watkins LLP is headed by name partner Salman M. Al-Sudairi, who has experience of construction contracts, real estate acquisitions and property finance.
Al Tamimi & Company has expertise in land acquisition and real estate development, and is also known for having established a number of real estate investment funds. Jeremy Scott divides his time between Riyadh and Dubai. Dubai-based Tara Marlow heads the real estate, hotel and leisure practice, and Euan Lloyd is a recommended senior counsel based in Abu Dhabi. Emad Salameh was promoted to partner in July 2018.
The team at AlDhabaan & Partners in association with Eversheds Sutherland (International) LLP handles property transactions, leasing, construction and subcontracting agreements, and real estate disputes. Name partner Mohammad AlDhabaan is the key contact.
AlSabhan & AlAjaji Law Firm advises real estate companies and subcontractors on the development of real estate and infrastructure projects. The team is jointly headed by Ibrahim Alajaji and Naif Alsabhan, both of whom are advising Hisham Almousa Real Estate in relation to the development of a SAR450m residential compound. Other clients include Alostool Alali Construction and Mowah Co.
Clyde & Co LLP
Hatem Abbas Ghazzawi & Co. has strengths in project finance and real estate development mandates, where it advises domestic, regional and international banks, power and infrastructure companies and other development vehicles. Practice head Ali W Abedi is advising The Dow Chemical Company on a range of commercial and financing matters in relation to its joint venture with Saudi Aramco for the development, financing and construction of a petrochemicals complex in Jubail.
Khoshaim & Associates in cooperation with Allen & Overy LLP
Khoshaim & Associates in cooperation with Allen & Overy LLP acts for investors and joint venture development partners in infrastructure development projects, particularly in the power and maritime sectors. Key figures include ‘phenomenal’ managing partner Zeyad Khoshaim and senior associate Leen Zaza. Clients have noted in particular the team's ‘personalised approach', 'smooth communication’ and 'holistic market knowledge'.