Euan Lloyd

Law Update: Real Estate, Construction & Hotels

The regional real estate, construction and hospitality sectors have been turned upside down over the last two years, with Covid-19 bringing these sectors to a halt. The impact of the pandemic remains, however, the resurrection of these vital sectors across the region is a welcome relief because they support the development of modern cities, which in turn have attracted commerce and tourism to the Middle East and North Africa.

This latest edition of Law Update, provides vital insights, updates and commentary on the latest trends taking shape across the real estate, construction, hotels and leisure sectors. The articles within this edition cover a broad range of topics, from what’s next for real estate in Dubai, to commentary on Saudi real estate, a market that is set to become the main bedrock of the region for years ahead. You will find articles on reforming real estate laws in Qatar, foreign investment and ownership in Oman, and mitigating risks on hotel construction projects and the lessons learnt from Covid.

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The leading law firm in the Middle East & North Africa region.

Euan Lloyd

Senior Counsel

Biography

Euan leads Al Tamimi & Company’s construction & infrastructure practice. Euan is admitted as a solicitor in England & Wales and New South Wales and has practised in a variety of civil and common law jurisdictions across Europe, the Middle East as well as Asia Pacific (where he was the Group General Counsel of a global construction and engineering company for over 4 years).

Euan has advised different stakeholders on various high value concession agreements, construction contracts, O&M contracts and consultant services agreements in respect of a variety of power, utilities, infrastructure, building and development projects.

Euan also has significant construction claims and contentious construction experience (including in the form of arbitration, court proceedings, expert determination and mediation/conciliation).

Euan speaks at various construction industry events and regularly publishes topical articles. He is also the secretary of the Abu Dhabi branch of the Lighthouse Club.

Recent Experience

Drafting standard suites of construction contracts and consultant services agreements for two major UAE property developers.
Drafting and negotiating a guaranteed maximum price design and construction contract for a prestigious and high value mixed use development.
Drafting and negotiating a long term O&M agreement for a major aluminum extrusion plant.
Advising an international contractor in respect of a multi-million dollar global claim regarding civil works for a major oil related project.
Advising the owner in respect of a multi-million dollar claim and counterclaim regarding a ‘state of the art industrial facility in Abu Dhabi.