Book an appointment with us, or search the directory to find the right lawyer for you directly through the app.
Find out moreOur knowledge, experience, and expertise are now available on the go.
We are proud to announce the launch of My Tamimi App, a convenient new tool for anyone with an interest in the legal sector, from law students to General Counsel.
Find out moreAl Tamimi & Company advised Apollo Global Management Inc., one of the world’s largest alternative investment managers, on their recent entry into a real estate investment arrangement with ADNOC. New York Stock Exchange-listed, Apollo, along with a consortium of institutional investors, agreed to acquire a 49% stake from ADNOC in Abu Dhabi Property Leasing Holding Company RSC Ltd, which holds long-term leasehold rights over a portfolio of real estate assets located in Abu Dhabi, for USD2.7bn.
Acting for Apollo as local legal counsel alongside Milbank LLP, this landmark transaction forms part of ADNOC’s plans to unlock long-term capital from its non-core assets, and for our client and its partners, provides a long-term financial yield over the next 24 years. This is the second high-value transaction for Al Tamimi with ADNOC in 2020, following our recent involvement in advising a consortium of investors on the USD20.7bn ADNOC gas pipelines transaction.
Abu Dhabi-based Banking & Finance Partner, Mark Brown, commented: “We were delighted to support Apollo and Milbank on what is a unique and ground breaking transaction. It’s great to see an innovative and sizable deal such as this proceed given the current economic environment, and this is testament to the UAE’s position as an attractive investment hub for foreign direct investment.”
Due to our full service offering and broad expertise, our fully integrated multidisciplinary team acted as a one-stop-shop for Apollo on its local law requirements. The team led by Mark Brown, included lawyers from our Banking & Finance, Capital Markets, Corporate Commercial, Corporate Structuring, Financial Crime, Legislative Drafting, Litigation & Arbitration, Real Estate, Regulatory, Tax and TMT teams.
To learn more about our services and get the latest legal insights from across the Middle East and North Africa region, click on the link below.
Disclaimer: This chat service should not be relied upon as a substitute for professional advice which takes account of your specific circumstances and any changes in the law and practice. No warranty is made as to the accuracy or completeness of the information provided via this service and no liability is accepted by Al Tamimi & Company Limited, its affiliates, partners or employees for any loss arising as a result of reliance upon the information provided.
Kindly accept the disclaimer to proceed to a live chat.
Thank you for your inquiry. We will connect you to one of our agents now.
Thank you. Which service are you looking for?
Thank you for your interest in working with Al Tamimi & Company. Please click here to view our latest job openings.
Please click here leave a message and we will get back to you shortly.