Real Estate, Construction & Infrastructure
Real Estate
The Kingdom’s Real Estate and Infrastructure sector is a key part of Vision 2030 and is different in scale, type and nature from other sectors and other Real Estate and Infrastructure sectors globally, thus warranting its own pillar.
This strategic pillar contributes to developing local Real Estate and Infrastructure projects and companies along the value chain. More precisely, it bundles all initiatives that are building development companies or supporting new companies in the Real Estate and Infrastructure sector in Saudi Arabia.
TLF`s experts understand that Real Estate is the main conduit of all investment needs our clients have.
Our ‘market niche’ is providing corporate clients, as well as individuals with coordinated, cost effective, real estate counsel across the main land & Economic Cities and Special Zones of Kingdom of Saudi Arabiaand other foreign jurisdictions, especially in the London-UK.
We assist our clients in coordinating and managing real estate in both the international and local markets. We are able to advise our clients all over the world thanks to our global network of associates and key partners. This ensures that our clients receive good value for money and high-quality services. The construction business has flourished overnight as a result of the emergence of multilateral investment treaties and the availability of investment opportunities in the Real Estate sector and others. TLF’s real estate professionals thereby provide a consistent legal link between laws, regulations, stakeholders, agencies, Public-Private Partnerships, and the general public. We have extensive experience managing construction projects and other associated problems.
Our clients benefit from a wide range of legal services, including advice and representation in real estate dispositions and conveyances, property tax, land investments, real estate and construction litigation and arbitration, survey plans, permits and licenses.
TLF`s is experienced in the legal and commercial fundamentals of both real estate and corporate law, allowing them to offer clients tailored expertise in executing complex, structured real estate transactions.
Our Expertise
- Real Estate Joint Ventures: TLF frequently represents real estate developers and owners, private equity funds, institutional investors, and sovereign wealth funds in the formation and restructuring of joint ventures for real estate development, investment or financing purposes, including structuring investment platforms and procurement of PSP (“Private Sector Participation”) projects through public competition, limited competition, direct contracting, and unsolicited proposals.
- Investment Structures: TTLF`s Corporate Real Estate Transactions experts represents investors, lenders and sponsors in connection with preferred equity investments and debt transactions involving real estate assets.
- Mergers & Acquisitions: We represents public and private companies and investment banks in a range of transactions involving real estate-related companies, including acquisitions and dispositions of real estate portfolios and operating companies, negotiated and hostile takeovers and mergers, spin-offs, recapitalizations, strategic investments, restructurings and proxy contests.
- Real Estate Funds: While large institutionally-sponsored funds are represented by our Corporate Real Estate Transactions experts, such as developers, sponsors and investors in connection with the formation of, and investment in, real estate private equity funds, including opportunity funds, development funds, and value-add and core funds.
- Capital Markets: Our experts & attorneys also represent real estate-related Issuers, including real estate investment trusts (REITs), underwriters and investors, on initial and follow-on public offerings, secondary offerings and private offerings.
Construction & Infrastructure
We represent sponsors, financial institutions, investment funds, developers, and government entities across the entire asset class, including transportation, digital, social, and energy infrastructure assets. We have supported our clients as the definition of infrastructure broadens and is redefined, and provide tailored advice to help clients achieve their objectives and deliver on their business plans.
TLF`s Energy & Infrastructure lawyers leverage the complementary insights of a deep bench of lawyers in our regulatory, environment, tax, and other related practices, combining first-rate technical knowledge with a sophisticated understanding of the energy and infrastructure sectors.
Our collective perspective uniquely positions us to help clients not only with the current issues they face, but also the future opportunities and challenges that will arise from a transition to a lower-carbon environment and the transformation of infrastructure across the globe.
Our Expertise
TLF offer legal advice and sparring concerning:
- Preliminary contract negotiations between the contractor and the developer
- Advising the contractor about construction management
- Assessment of contract terms
- Delays in regard to the construction
- Defects in regard to the structural design of construction project
- Technical consultancy contracts – architect and engineer
- Liability in regard to architect and engineering consultancy
- Agreements on services provided by architects and engineers
- Dispute resolution and mediation
- Commercial Lease agreements
- Transfer of property
- Procurement and tender process
- Compliance with environmental and planning laws of Saudi Arabia
- Assistance in connection with the financing of new development projects
- Property development and all related contracts
Construction Sector Services
TLF regularly provides Construction Sector advisory services include the following”:
- Drafting, review and negotiation of free-standing contracts and agreements in connection with development and construction of real property
- Negotiation with governmental agencies concerning site preparation, land use, historic preservation, abatement of hazardous materials and other issues
- Drafting and negotiating agreements with neighboring owners
- Representation in bidding and other procurement disputes
- Counselling on positioning for claims and claim avoidance techniques
- Pre-litigation strategizing, to develop strong offensive and defensive positions in anticipation of litigated claims
- Development of innovative negotiation strategies to ensure project completion and minimize claims exposure
- Consultation on job-related problems, workouts, liens and default situations
- Assistance in selection and supervision of outside technical consultants to evaluate claims
