REAL ESTATE
Hourani & Partners’ real estate practice dates back over 40 years. During this period, the region’s real estate sector has grown exponentially, and Hourani & Partners has been at the forefront of its evolution. Over the years, we have executed transactions on behalf of a wide variety of participants including, investment banks, sellers, developers, mortgage providers, operators, contractors, and public sector entities.
Our lawyers help guide clients through the full cycle of a real estate transaction, from the creation of the entity to structuring, purchase/sale negotiation, financing, construction, leasing, property management and disposition. Our knowledge base in real estate law spans across multiple sectors including specialized sectors such as healthcare, logistics and hospitality.
Additionally, our real estate lawyers offer expert advice on sale leasebacks, joint ventures, and real estate collective investment schemes including REITs, GP/LP structures, and regulated and unregulated funds.
Representative Real Estate transactions include:
- Advising Investcorp in relation to the purchase and subsequent sale of a 215,000 square feet temperature-controlled warehouse in Dammam
- Advising Takhzeen Logistics Company in connection with the sale and leaseback of a plot of a cold storage warehouse located in Jeddah, Saudi Arabia, to funds managed by HSBC
- Advising Technical & Commercial Services and Co. Ltd. in connection with the sale and leaseback of a warehouse located in Riyadh, Saudi Arabia, to the Al Rahji REIT Fund
- Advising a Saudi Authorized Person in connection with the proposed acquisition of properties worth in excess of SAR1 billion located in Riyadh, Saudi Arabia
- Advising Derayah Financial Company in relation to the structuring and formation of real estate fund and the subsequent acquisition by the fund of multiple residential and commercial properties valued at over SAR 300 million