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Trowers & Hamlins has advised investment company Taameer Investment in a deal to set up a chain of hotels across Oman.

Taameer Investment, part of Golden Group of Companies (GGC), will partner with Rotana Hotels in setting up a chain of hotels in Muscat, Sohar and Salalah. The proposed deal to build 1,500 three-, four- and five-star hotels by 2020 is largest deal of its kind for a hotel chain in Oman.

Trowers real estate partner Sallie Bowtell advised Taameer Investment and GGC on the deal, while Rotana, which manages a portfolio of over 100 properties throughout the Middle East, Africa, South Asia and Eastern Europe, was guided by its in-house legal team.

Trowers recently advised the Omani government on its first issue of sovereign sukuk.

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