Real Estate & Construction Middle East Final-for RECON 26/10/2017 12:45:10 "Charles Russell Speechlys is ‘top class in all respects’." Legal EMEA, 2015 Final-for RECON 26/10/2017 12:45:10 Introduction About Charles Russell Speechlys Charles Russell Speechlys is an l Our Construction team was shortlisted international law firm headquartered in for the Construction “Team of the London with offices in the UK, Europe and Year" at The Legal Week Corporate the Middle East. Counsel Awards 2017. We have been active on Middle East l The Charles Russell Speechlys’ Real projects for several decades. Our first Estate team was shortlisted in The Middle East office opened in Bahrain Oath Middle East Legal Awards 2015 in 2006. Since then, and in response to and 2016 for ‘Real Estate and Simon Green requests from our clients, we opened in Partner, Real Estate Construction “Team of the Year”. In Qatar in 2013 and Dubai in 2017. We also Charles Russell Speechlys, Middle East 2015, our Real Estate team received an have coverage in Saudi Arabia through an “Honourable Mention” for Real Estate & associate law firm. We provide expertise in Construction “Team of the Year”. Real Estate, Construction, Engineering & Projects. l Simon Green is noted in Chambers Global 2017- Qatar in Ranked Lawyers With English and Arabic speaking lawyers, for Projects & Energy category. we deliver services to a broad range of clients including occupiers, corporates, l Both Simon Green and Paula Boast are major investors, developers, contractors, recognised by Chambers Global 2017 consultants, government and sovereign (Bahrain) in its “Spotlight table”. wealth entities as well as high-profile families and individuals across the Middle l Paula Boast is a winner of a Client Paula Boast East. Choice Awards 2017 for the Partner, Construction, Engineering & Construction category for Bahrain. Projects We pride ourselves in providing practical, Charles Russell Speechlys, Middle East commercial and innovative advice which adds value and provides our clients with a competitive advantage. Our accolades and rankings We are proud of our achievements in the region including: l Our Real Estate and Construction team is ranked as Tier 1 for Bahrain in Legal 500, 2017. l Our Real Estate team was shortlisted for the Real Estate “Team of the Year” at The Legal Week Corporate Counsel Awards 2015 and 2016. Real Estate & Construction | 02 Final-for RECON 26/10/2017 12:45:10 "Very hard-working and thoughtful people who come up with solutions." Chambers Global, 2015 Final-for RECON 26/10/2017 12:45:10 Our Services Our Services Development & Infrastructure Hotels & Hospitality We regularly advise on real estate and We have a multi-disciplinary hotels & construction issues across a broad range hospitality team with years of experience of development projects. In the Middle East, across the sector. Our lawyers have acted we have acted for clients on the following: for a diverse range of clients including hoteliers, banks, investors, private l Large scale public infrastructure individuals, developers and corporates projects (including PPPs) interested in adding this fast growing real l Iconic master plan developments estate asset class to their existing portfolio. l Commercial, residential and mixed-use developments Construction, Engineering & Projects We deal with all aspects of construction and l Urban development & regeneration engineering law including: projects l Low cost housing projects l Drafting and negotiating international forms of building and contracts (from Property Investment & Management tender, procurement and early works Our years of experience have gained us an documents to main works contracts) excellent reputation for advising clients including government standard forms (both corporate and individual) on investing and FIDIC in both commercial and residential property. l Advising on the most efficient and As part of this service, we assist our clients effective procurement, tendering and in relation to all connected matters such as The team’s chief strength is supply chain strategies ‘the synergy gained from the corporate structuring and tax advice. We also regularly advise clients on their leasing l Drafting and negotiating other required co-operative manner in which documentation such as project each individual works with all and asset management requirements across a number of asset classes, such as agreements, consultancy agreements, others’." retail shopping centres and commercial off-take agreements, bonds, guarantees, associated financial Legal EMEA 500, 2015 office towers. security documentation and facilities Real Estate Finance management agreements We regularly advise corporates, financial l Advising on insolvency in the institutions, sovereign wealth funds and construction sector major developers in the region in relation to: l Construction related claims l Raising acquisition finance management, dispute resolution and arbitration. l Structuring arrangements using both conventional and Islamic solutions l Syndicated project finance l Security structuring advice l Refinancing matters Real Estate & Construction | 04 Final-for RECON 26/10/2017 12:45:10 Our Recent Experience Our Recent Experience …Simon [Green] has proven Development & Infrastructure Additionally, advising on a number of other development projects such as on the credibility, built trust and Marassi Al Bahrain construction of a Chinese themed shopping shown flexibility and openness Advising Eagle Hills Diyar in relation to the mall. at all times, which mixed-use development known as “Marassi distinguishes CRS as a truly Al Bahrain”. A USD multi-billion project Quasi-Government Development professional and dedicated which spans across 864,000sqm of land Company, Bahrain Assisting a real estate development and law firm that we would gladly on Bahrain’s largest and most iconic master planned development, Diyar Al Muharraq. investment company on a freehold recommend to others.” Our firm has been advising on residential high rise building in the Seef Raouf Salama, Senior Legal Adviser, the development of a complex podium district. Work has ranged from advising on Eagle Hills structure on 'Plot 1'. The projected cost all related laws, assisting with the project of Plot 1 is circa USD 1.2 billion and includes structuring requirements, assisting with a 190,000sqm shopping complex, 480 obtaining a Developer’s license seafront apartments and luxury hotels and and reviewing and drafting all types of serviced apartments from both ‘The contracts (e.g. sales agreements, Address Hotels and Resorts’ and ‘Vida contracts relating to the owners' Hotels and Resorts'. Work has ranged association and FIDIC construction from advising on the required strata titling contracts). strategy to sale and leasing arrangements at the project. Lusail Project I, Qatar Advising a prominent sub-developer in Central Market Redevelopment, Bahrain relation to all matters arising from the One impressed client Advising a Bahrain based development Energy City development at Lusail, Qatar (the region’s first integrated business hub described Paula Boast as 'one manager (acting on behalf of the Manama Municipality) on the redevelopment of the dedicated to the hydrocarbon industry). of the best lawyers in the Central Market site into a mixed-use Work has involved advising on a number of region advising on contracts'." destination and transport hub. Initial work key contracts such as development agreements, lease agreements, Chambers Global, 2017 has included advising on the best legal structure to procure the development infrastructure agreements, consultancy taking into account the inability to divest of appointments and property management freehold ownership. contracts. We have also continued to advise on several disputes. Diyar Al Muharraq, Bahrain Advising the master developer of Bahrain’s Lusail Project II, Qatar largest reclaimed master development on Advising a financial institution acting as a the development of both social and sub-developer in relation to the Lusail affordable housing and associated project. We assisted on the proposed infrastructure work based on a modified disposal of plots as well as advising on the PPP model with a deal value in excess of procurement and delivery of required USD 1 billion. infrastructure and the layering of the sub- community. 05 | Real Estate & Construction Final-for RECON 26/10/2017 12:45:10 Our Recent Experience Simon Green advises on Quasi-Government Development work included undertaking comprehensive Company, Qatar due diligence in relation to title and ancillary investments and assets across Advising a multi-billion USD shareholding matters, drafting and negotiating the sale the region. Sources note his company that operates and develops and purchase agreement as well as drafting active presence in projects specialised domestic and economic zones. and negotiating a leaseback of the property and his personable approach.” Work has ranged from advising on the to the seller. simplified PPP structure for delivering Chambers Global, 2017 logistics premises across Qatar to Shopping Mall, Bahrain concession agreements and construction Preparing the agreement for lease and contracts for major infrastructure standard form lease for a shopping mall development work, worker development on Bahrain’s largest master accommodation facilities and hotel and planned development. Work has also hospitality projects. included preparing the property management agreement for the on-going Doha Festival City, Qatar