Advising the owners on a 5-star establishment on Saadiyat Island including advice on property acquisition, construction, and management agreements.
Provide general corporate, financing and real estate advice on hotel management agreements, shareholder agreements, acquisition of plots, licensing matters, and employment matters.
Advised the borrower on a AED 2.5 billion refinancing of existing facilities and real estate acquisition financing used to acquire, develop and upgrade three prominent hotels in the UAE.
Currently involved in Lex Mundi’s Hotel Alerter Service where Afridi & Angell provides advice regarding updates to UAE hospitality laws and regulations to a number of global hotel operators. Lex Mundi is the world’s leading network of independent law firms in which Afridi & Angell is the exclusive member firm in the UAE. The Hotel Alerter Service is an online portal where hotel industry developments are regularly uploaded. We provide information on a Federal and Emirate-level laws, as well as rules applicable within the UAE’s free zones.
Advised one of the largest property developers in the region with respect to the acquisition and financing of a real estate hospitality asset (two commercial buildings) in mid-town Manhattan, including tax consolidation and acquisition financing.
Represented the hotel operator of a mid-tier boutique hotel in Al Jaddaf, Dubai, on intellectual property, hotel management and investment agreements.