Practice Areas - International Finance and Bank Credit Law Firms and Lawyers
| Deal Date: | 09-11-2015 | Practice Area: | International Finance and Bank Credit |
| Deal Title: | Financing for Development of Horizon Towers,lopment of Horizon Towers, Abu Dhabi | Industry: | Real Estate Investment & Services |
| Description: |
White and Case advised Abu Dhabi Islamic Bank and Abu Dhabi Commercial Bank as the Mandated Lead Arrangers on the UAE Dirhams 600 million (USD165 million) Islamic financing of the final phase of the development of Horizon Towers, a mixed-use development in Abu Dhabi.
The 144-acre residential and retail project in City of Lights, Al Reem Island, was being developed by the Tamouh Investments Group and Al Reem Island and would be home to around 27,000 residents when completed in 2017.
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| Financial Center: | Abu Dhabi | Value: | 100.01-500.00 |
| Advised Party: | Lender | Law Firm | White & Case |
| Real Estate Jurisdiction | UAE | Real Estate Jurisdiction | UAE |
| Classification: |
Real Estate Finance Residential Portfolio |
Lawyer | Shibeer Ahmed |
