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.

Related Articles

Other News

Trowers plans expansion of SEA presence with SG office

by Mari Iwata |

UK law firm Trowers & Hamlins has applied to open an office in Singapore, which, if approved, will be the firm’s second in Southeast Asia. The firm is also eyeing a collaboration with local dispute resolution boutique Braddell Brothers.

Appointments

UK firm Trowers adds 3rd partner in Malaysia

by Mari Iwata |

Trowers & Hamlins has hired corporate expert Geoff Allen as a partner in Kuala Lumpur, becoming the UK-headquartered law firm’s third partner in Malaysia. Allen was most recently working at Pinsent Masons Vario.

Other News

Trowers & Hamlins advises Jordan on landmark LNG deal

by ALB |

Trowers & Hamlins has counseled Jordan’s Ministry of Energy and Mineral Resources on a liquefied natural gas (LNG) sale and purchase agreement with Royal Dutch Shell. The agreement guarantees a five-year supply of LNG to the kingdom and has a total value of several billion dollars.