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 has a sizeable real estate and construction practice with a broad client offering. The real estate practice advises clients in Saudi Arabia, the wider Gulf region and global clients investing in Saudi Arabia. Key areas of work include government and tourism-related matters. The construction practice assists clients with tendering, contracts and construction disputes. Bilal Ambikapathy has a commercial practice focusing on domestic and international hotel projects and real estate transactions. Gavin Witcombe specialises in construction, projects and disputes.

Practice head(s):

Bilal Ambikapathy; Gavin Witcombe

Key clients

Alinma Investment Company

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

Rua Al Madinah

Atheel Collection Company

Diplomatic Quarter General Authority

Olayan Financing Company

Saudi Real Estate Development Fund (REDF)

Work highlights

  • Acting for Atheel Collection Company in negotiations with Dorchester Academy and GHM Hotels for services in support of the establishment of Saudi Arabia’s first luxury hotel operator.
  • Acting for the Royal Commission for AlUla in the drafting of its primary legislation, for the permanent establishment and operation of the Royal Commission, enabling it to undertake a significant array of activities to promote and develop AlUla as a global tourism destination.
  • Advising Rua Al Madinah Company on its strata title strategy for the development of a superblock integrated development concept within the Rua Al Madinah masterplan in the holy city of Al Madinah.

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 advises on real estate development, financing, and funds matters a range of construction mandates. Majid Al-Sheikh is active in real estate and construction transactions. Managing partner Fahad Abuhimed advises on real estate related public policy and regulatory issues.

Practice head(s):

Majid Al-Sheikh

Other key lawyers:

Fahad Abuhimed

Al Tamimi & Company

Al Tamimi & Company has dedicated practices for hotels and leisure, and real estate. It has particular expertise in the establishment of real estate funds and REITS, as well as hotel portfolio acquisitions and disposals. The construction practice handles a broad range of contentious and non-contentious matters. Practice head Tara Marlow advises on all commercial real estate matters with a strong speciality in mixed-use development and the hotel & leisure industry.

Practice head(s):

Tara Marlow; Euan Lloyd

Other key lawyers:

Emad Salameh

Key clients

Public Investment Fund

Jabal Omar Development Company

Red Sea Development Company

King Abdullah Financial District Development and Management Company (KAFD DMC)

RAZA

Jones Lang LaSalle

IFA Hotels & Resorts LLC

Deyaar Development PSC

Marriott

Goldman Sachs

Work highlights

  • Advised Real Estate Regulatory Authority on the new regulations related to the registration of real estate in the Kingdom of Saudi Arabia.
  • Advising KAFD DMC across various real estate requirements for its large-scale mixed-use master community that is designed to become one of the financial centres in the Middle East.

Clyde & Co LLP

Clyde & Co LLP is regularly instructed by clients on a mix of contentious and non-contentious real estate and construction matters. Ben Cowling specialises in construction disputes and represents major contractors, developers and public bodies. Peter Greatrex leads the non-contentious work and focuses on infrastructure and housing PPPs. Abdulaziz Al-Bosaily is recommended for litigation and procurement.

Practice head(s):

Ben Cowling

Other key lawyers:

Peter Greatrex; Abdulaziz Al-Bosaily

Law Firm of Hassan Mahassni In association with Dechert LLP

Law Firm of Hassan Mahassni In association with Dechert LLP has a team of real estate and construction lawyers with notable experience advising on the transfer and development of real estate projects. Its client roster features leading domestic and international companies. Atif Mulla and Emad Zahrani jointly lead the practice.

Practice head(s):

Atif Mulla; Emad Zahrani

King & Spalding LLP

King & Spalding LLP has a broad contentious and non-contentious construction practice that has a strong focus on the power and infrastructure market. The real estate team advises across a range of work including title structuring and preparation of governance, management, leasing and sales documentation. Moustafa Said has particular expertise in hospitality, development and corporate sale and leaseback transactions. Tim M. Burbury heads the construction practice and specialises in energy and utilities. Adrian Cole leads the contentious work and focuses on energy and infrastructure disputes, as well as energy- and infrastructure-related arbitration. Managing partner Jawad I. Ali has expertise in corporate and real estate matters.

Practice head(s):

Jawad I. Ali; Tim M. Burbury; Moustafa Said; Adrian Cole

Key clients

Vision Invest

Sadara Chemical Company

Jeddah Economic Company

Saudi Tabreed

Miahona

Misk Foundation

Roshn Real Estate

Akaria

Riyad Capital (Riyadh)

Al Rajhi Capital

Midad

Knowledge Economic City

Ashmore Investment

Sutton Lane

Emirates Hospitals Group

Burj Daman Real Estate Capital Partners

Seven Tides

Arcapita

NBK Capital Partners

Shapoorji Pallonji

Al Habib Investment Group

Mulkiya Capital

VHM Limited

EPG Group

National Investment Corporation

BUPA

Abu Dhabi Future Energy Company

Veolia

ENGIE

Electricity de France (EDF)

Work highlights

  • Advising Al Rajhi Capital on the acquisition of various properties in Saudi Arabia including warehouses, school properties and medical clinics.
  • Advising BUPA on its second round of construction contracts for hospitals in the Kingdom of Saudi Arabia.
  • Advising Akaria Real Estate on a joint venture development with Arabian Dream / Triple 5 on developing the largest mixed-use entertainment and shopping centre development of its kind in the world.

Law Office of Salman M. Al-Sudairi in association with Latham & Watkins LLP

Law Office of Salman M. Al-Sudairi in association with Latham & Watkins LLP focuses on real estate transactions, construction contracts and property finance. Name partner Salman M. Al-Sudairi heads the team.

Practice head(s):

Salman M. Al-Sudairi

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 has expertise across commercial, residential and infrastructure-related real estate and construction projects. Key individuals include Adam Pierson, Doug Peel and Antoine Cousin.

AlSabhan & AlAjaji Law Firm

AlSabhan & AlAjaji Law Firm has a broad client offering which it advises on contentious and non-contentious matters. The real estate litigation work is led by Ibrahim Alajaji. Naif Alsabhan focuses on real estate transactions and litigation.

Practice head(s):

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

Key clients

Eltizam Group

Grupo Cobra & Tawzea Consortium

Arabian BEMCO Contracting Co. Ltd

Work highlights

  • Advised NCP on regulatory matters and two PPP procurements.

Derayah LLPC – Saudilegal

Derayah LLPC – Saudilegal advises on land acquisitions and contractual disputes. Practice head Andreas Haberbeck is the key name to note.

Practice head(s):

Andreas Haberbeck