King & Spalding with Sweid & Sweid on Aurora Tower acquisition
King & Spalding advised real estate private equity and development firm Sweid & Sweid on its acquisition of Aurora Tower, an office building located at the center of Dubai Media City.
The tower encompasses a leasable area of over 220,000 square feet and represents Sweid &Sweid’s fourth project in the district, adding to their Grade-A commercial portfolio. Amongst the most renowned tenants, Spotify, The Economist Group, and Universal Music Group.
The company
Headquartered in Dubai, Sweid & Sweid is a real estate private equity and development firm whose focus lays on niche development, investment, and build-to-suit opportunities. The firm specialises international-standard Grade-A commercial and residential projects, managing all phases of the development cycle, including opportunity sourcing, funding, and execution.
The Kings & Spalding team
Partner Malek Al Rifai (pictured) led the King & Spalding Dubai team advising on the matter, working alongside senior associate Alex Barker as well as associates Husni Al Far and Nick Impey.