King & Spalding has advised Saudi Fransi Capital on the establishment of the King Salman Park Real Estate Development Fund. This innovative fund is set to spearhead the development of a mixed-use project within the sprawling King Salman Park in Riyadh, Saudi Arabia. The fund is slated to develop the inaugural real estate investment site […]
Deal & transactions
Real Estate, Construction & Infrastructure
United Arab Emirates
Aldar Estates expands portfolio with FAB Properties acquisition
Under the legal guidance of Group General Counsel at Aldar Properties Emma O’Brien (pictured), Aldar Estates, a prominent player in the real estate industry and a unit of Aldar Properties, has recently revealed its
Deal & transactions
Egypt
Food & Beverage
Real Estate, Construction & Infrastructure
Baker McKenzie advises SODIC on Nobu Venture in Egypt
International law firm Baker McKenzie has provided counsel to Sixth of October Development and Investment Company (SODIC), a prominent diversified real estate developer in Egypt and a majority-owned subsidiary of the Abu Dhabi-based consortium comprising
News
Real Estate, Construction & Infrastructure
United Arab Emirates
Clifford Chance: Expo City Dubai launches sustainable residential projects
International law firm Clifford Chance has provided legal services to Expo City Dubai during the successful off-plan launch of two sustainable residential projects, namely “Mangrove Residences” and “Expo Valley.” Mangrove Residences is set to feature
Capital Markets
Real Estate, Construction & Infrastructure
United Arab Emirates
Clyde & Co in Aldar Properties acquisition into Basatin Landscaping
Clyde & Co acted as legal counsel to Zaad Capital on the successful AED 150 million sale of a 75% stake in Basatin Landscaping to Aldar Properties, an Abu Dhabi-based property development, management, and investment company. Aldar
Deal & transactions
Real Estate, Construction & Infrastructure
United Arab Emirates
White & Case: Blue Water Energy sells Kent to Nesma
Global law firm White & Case acted as legal counsel to energy investment firm Blue Water Energy (Bluewater) on the successful sale of engineering company Kent to Nesma & Partners. Since Bluewater’s investment in
News
Real Estate, Construction & Infrastructure
Saudi Arabia
SEVEN Unveils New Entertainment Destination in Almadinah
Saudi Entertainment Ventures (SEVEN), a subsidiary of the Public Investment Fund (PIF), has announced the construction of a new entertainment destination in Almadinah, and work is already underway. The construction is being carried out by
Capital Markets
Real Estate, Construction & Infrastructure
Dreny & Partners in first-ever Club Memberships Securitization in Egypt
Dreny & Partners has successfully advised Arab Company for Projects and Urban Development (ACPUD), an affiliate of Talaat Moustafa Group Holding, on the groundbreaking securitization backed by a portfolio of club membership fees worth EGP 410.8
Banking & Finance
Capital Markets
Egypt
Real Estate, Construction & Infrastructure
ALC advises on EGP 472.5 Million PHD-EFG Hermes Bond Deal
Palm Hills Developments (PHD), a prominent real estate developer in Egypt, and EFG Hermes, the investment bank franchise in Frontier and Emerging Markets (FEM), have successfully closed a groundbreaking EGP 472.5 million securitized bond issuance.
Capital Markets
Real Estate, Construction & Infrastructure
United Arab Emirates
Dentons on Sobha Realty’s debut $300M trust certificate issuance
Global law firm Dentons has advised Standard Chartered Bank, Dubai Islamic Bank, Emirates NBD Capital, Mashreqbank, and Sharjah Islamic Bank, acting as Joint Lead Managers in the successful debut issuance of US$300 million Trust Certificates
