Real Estate - United Arab Emirates
What the team is known for
Clyde & Co has a well-established regional real estate practice that is further aided by its respected global capabilities in construction and related areas, including insurance. Its UAE-based team offers expertise in a wide range of matters, including leasing, office and retail developments, and property investment structuring. The practice has a strong focus on hospitality and education, and maintains several long-term client relationships in these sectors.
Strengths
"The Clyde & Co practice group is always responsive, meets deadlines, and the team is always available. They possess detailed knowledge of the local market."
Work highlights
Clyde & Co acted for Aldar Properties on its USD210 million acquisition of the Rixos Bab Al Bahr Hotel.
Notable practitioners
Alexis Waller heads the Middle East real estate team. She operates a market-leading practice and is lauded by clients for her longstanding experience and extensive knowledge. She regularly handles leasings, developments and financings on behalf of developers and entities in the hospitality sector. "In my view, she is probably the best real estate partner in the region. She is just excellent. There is no situation she hasn't faced." "She is one of the market-leading lawyers for real estate." "Alexis has been in the region for years and is well regarded."
Peter Greatrex is very experienced in the hospitality arena, with experience acting for hotel brands as well as other stakeholders, including government entities, on matters across the region. He also assists with real estate fund formation.