Real estate has shown itself to be one of the most attractive investment classes in the region. The current trend is towards luxury mixed-use developments, attracting investors and individuals from across the globe. This trend has been supported by the liberalisation of property ownership laws in many GCC states.
Our real estate team taps into the expertise of our UK property practice, which is renowned for its work on complex and innovative developments both in the commercial and public sphere. We combine this with an understanding of the local market and the strength of our network of regional offices to bring the best results for our clients.
Our aim is to bring international expertise to ensure these prestigious developments are set in the context of a sophisticated legal framework. Along with our work acting for developers of major projects, we have considerable experience of acting on the acquisition and disposal of property assets and on the drafting and negotiation of leases, in both single and multi-let environments. We have also been able to utilise our expertise in acting for various regional and European real estate funds, domiciled both within the Gulf and offshore.
We have worked on some of the biggest and most prestigious real estate projects in Bahrain, the United Arab Emirates, Oman and Saudi Arabia. Our work on real estate projects includes advice on structuring the development's legal framework, corporate advice on investment strategies, and advice on the interplay with financiers where our Islamic finance expertise is especially useful.