Alexander
Barker

Real Estate Private Credit

An Asia-based private credit platform, with respect to a secured term construction facility to a UAE-based real estate developer of luxury properties, in connection with the construction of a portfolio of its luxury villa projects in Dubai.

Nomura Special Investments Singapore Pte. Ltd., on a cross border, structured real estate financing in Dubai, for a leading luxury real estate development in the UAE.

Advised Cerberus in connection with a USD loan made to a UAE property developer secured against receivables from completed projects.

Nomura Singapore Limited, as lead arranger and lender, together with TOR Asia Credit Opportunity Master Fund III LP, as co-lender, in connection with the development financing of an ultra-luxury residential development and beach resort in Dubai. The transaction was structured as a $100m mezzanine private credit facility which was primarily intended to finance the equity recapitalization of the borrower’s affiliates.

Hospitality

Palladium Group, as operator, in connection with the hotel and branded residences project known as the Al Marjan Island Hotel and Residences in the Emirate of Ras Al Khaimah. Tasks included the preparation and negotiation of the full range of branded residences and off-plan sales and strata documents.

Funds managed by Ares Real Estate in the £400m acquisition of a portfolio of hotels in the UK.

Development Work

Arcapita on a flagship forward-funding investment and partnership with ASMO (a joint venture between Aramco and DHL Supply Chain) to develop a large-scale logistics and warehousing facility at King Salman Energy Park (SPARK) in Saudi Arabia.

Muraba Properties LLC in connection with their ultra luxury Muraba Veil off-plan development in Dubai, including title structure advice and preparation of bespoke off plan sales and strata documents.

The landowner of Earl’s Court on the redevelopment and regeneration of over 40 acres of brownfield land at Earl’s Court to deliver circa 4,000 homes including advising on various related land purchases and development constraints.

Greystar Real Estate Partners, LLC and funds managed by Greystar on several acquisitions of built-to-rent and purpose built student accommodation assets in London including the purchase of a development site comprising a hotel and office space in central Croydon for redevelopment as a build-to-rent scheme comprising over 700 units.

A life sciences company on the purchase and development forward funding of a site for use as lab and office space.

Acquisition and Dispositions

MTECH Construction Solutions LLC, a member of the Multiplex Middle East Group, on the sale of leased land in Dubai Investments Park (DIP), together with the accommodation buildings located on the site.

NBK Capital Partners Real Estate Fund and Janus Henderson Emerging Markets Private Investments on the sale of the real estate leased to Hartland International School in Dubai to Elevate, a portfolio company backed by Rava Partners in collaboration with Alta Capital.

SICO Capital Company, the manager of Flow MENA Residential Real Estate Fund 1, in connection with the purchase and operation of a portfolio of c.687 residential units in Saudi Arabia. The transaction marks the first significant international expansion of the co-living community startup backed by Adam Neumann, the co-founder of WeWork.

Sweid & Sweid, a leading real estate private equity and development firm, on its acquisition of Aurora Tower, a prominent office building located in the heart of Dubai Media City.

Affiliates of Driven Properties, in connection with the purchase of the iconic Emaar Square Building No. 3 in Downtown Dubai. The building was the former HQ of Emaar Properties and comprises almost 230,000 sq ft of leasable area. The acquisition stands as the largest real estate deal in Downtown Dubai in 2024.

Cortland Partners on the forward purchase and simultaneous financing of a 559-unit build-to-rent scheme in Manchester, UK.

Blackstone supported by iQ Student Accommodation (a Blackstone portfolio company) on the acquisition of two purpose-built student accommodation assets comprising over 1000 beds in the UK.

Oxford Properties advised by M7 Real Estate in several purchases of retail parks and logistics sites around the UK.

A US based REIT on the property due diligence side of its multi million pound acquisition of a holiday park operator with a portfolio of holiday parks in the UK.

Real Estate Aspects of Finance

Blackstone Real Estate Debt Strategies on the property due diligence side of a financing of a portfolio of retail parks in the UK.

List includes matters handled prior to joining K&S