Dentons Guides Alpha Capital in Forus Real Estate Deal

Global law firm Dentons has recently provided legal counsel to Alpha Capital, a Sharia-compliant investment entity licensed by the Capital Market Authority (CMA) of Saudi Arabia. The advisory pertained to Alpha Capital’s acquisition of a 20% stake in Forus Real Estate Investment and Development Company.  

This transaction, facilitated through a Sharia-compliant structured fund, marks a significant move in the realm of real estate investment within Saudi Arabia. Forus Real Estate Investment and Development Company is actively involved in the hospitality sector, overseeing operations such as luxury villa and hotel management across the kingdom. 

The Dentons team was led by Riyadh-based partner, Ziad Saad, who was supported by Mohamad Al RifaiIntesar Alkhayyal, Dima Chehade and Sadia Farooq