|
EXPERTISE
CONSTRUCTION AND REAL ESTATE
Bahrain has witnessed an unprecedented rate of construction
activity over the last few years in all areas of the real estate
sector. New and interesting real estate investment opportunities
have presented themselves to various sectors of the market.
CONSTRUCTION
Construction contracts form an integral part of the economy and
development of many countries and Bahrain is no exception. The
number of construction projects and related contracts has
increased substantially in the Gulf over the last decade and
Bahrain in particular has witnessed an unprecedented
construction boom. This development inevitably involves the
drawing up of the internationally recognized agreements between
the involved parties and amongst other things the disputes
either between contractors and owners/employers or between
contractors and sub-contractors. As a consequence of this, focus
on construction law in Bahrain is increasing.
Our firm provides specialist contentious and non-contentious
advice covering the local and international construction market.
We are instructed on projects involving complex aspects of the
construction industry sector, acting at different instances for
project sponsors, banks, financiers, contractors and other
representatives of the industry.
As construction documentation constantly needs to comply with
the requirements of banks and financiers, our experience in both
construction and project finance translates into a unique
ability to balance the interests of contractors, sponsors and
financing institutions. With regard to construction claims, we
have a team of dispute specialists in local litigation,
arbitration and dispute resolution with extensive experience on
all aspects of Bahrain Court procedures, advocacy and general
conduct of arbitration proceedings governed by international and
local rules and alternative dispute resolution techniques, such
as local mediation and expert appointment.
REAL ESTATE
The current real estate boom has brought fresh challenges to the
underlying legal framework. Whilst the legislative process
evolves, the interim period presents the property developer and
investor with a confusing matrix of property ownership issues,
since each real estate project has its own advantages and
pitfalls.
The firm has had the exciting opportunity to have advised on
construction and property law issues for some of the major
flagship property developments in Bahrain. As such, we are fully
abreast of developments in this evolving area of legal practice
in Bahrain. This, combined with the experience of our specialist
property lawyers drawn from established land law jurisdictions,
ensures that the solutions we propose and the documents we draft
are creative, practical in the Bahraini environment and based
upon sound land law principles.
We are pleased to assist with the following:
• Legislative & Regulatory Issues.
• Financing & Securities.
• Real Estate Investment Funds.
• Freehold Transactions.
• Commonhold/Condominium and Mixed Use Schemes.
• Long Term Leases - Residential & Commercial.
• Short-Term Tenancies - Residential & Commercial.
Our lawyers are regularly consulted by government and private
concerns upon major property development projects underway in
Bahrain, drawing upon their knowledge and experience gained from
more mature Land Law jurisdictions. In addition, an integral
part of the Department's practice involves advising and
assisting upon Landlord and Tenant issues in relation to retail,
commercial and industrial premises. We assist with:
• Pre-contractual negotiations
• Preparation of Tenancy Contracts and Leases
• Terminations and dispute resolution
|