IFLR1000

Al Sharq Investments $300 million real estate finance

1/10/2015
Real estate finance
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AED 300 million

Completed

1/10/2015

Overview:

  • Al Sharq Investments has taken out $300 million in new financing to fund a new luxury hotel and residential complex.
  • Al Sharq is the developer of the W Hotel & Residences on the Palm in Dubai.
  • Emirates NBD and Commercial Bank of Qatar acted as lenders.

Sam Duke - Editor

Jurisdiction:

United Arab Emirates

Deal type:

Real estate finance

Practice areas:

Banking
Real estate finance

Industry sector:

Real estate

Firm:
King & Spalding

Party: Al Sharq Investments (Borrower)

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