Al Tamimi & Company Advised On Real Estate Aspects Of Acquisition Of Fairmont The Palm
Al Tamimi & Company advised on real estate aspects of acquisition of Fairmont The Palm
The largest law firm in the Middle East and North Africa (MENA) region, Al Tamimi & Company acted on the real estate aspects of the acquisition of Fairmont The Palm, Dubai, including the associated refinancing and restructuring of the platform.
The transaction forms part of a broader GCC hospitality investment strategy, with debt financing secured from funds managed by Oaktree Capital Management, reflecting continued institutional confidence in the region’s hospitality and real estate sectors.
Al Tamimi & Company’s mandate focused on the real estate workstream, advising on asset-level considerations and supporting the wider transaction alongside financing and restructuring elements.
The firm also extended its appreciation to Arzan Investment Management, including Aly Kassam and Oliver Hogg, for their continued trust and collaboration throughout the transaction.
The Al Tamimi & Company team comprised Andrew Thomson (Partner and Head of Real Estate), Mohammad Kawasmi (Partner), Lynsey Grossi (Legal Director), and Omar Aljuneidi (Associate).
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