Trowers & Hamlins win top real estate award
DUBAI, May 15, 2016
Leading international law firm Trowers & Hamlins has won the Real Estate Team of the Year award at Legal Week's prestigious Corporate Counsel Middle East Awards 2016.
Trowers & Hamlins has a strong presence in the Middle East with offices in Abu Dhabi, Bahrain, Dubai and Oman. Its international profile is completed by four offices in the UK and one in Malaysia.
For the Oman project, the Trowers team was led by Abdul Haq Mohammed, a partner and head of International Real Estate along with fellow real estate partner Peter Greatrex, supported by a host of specialists in the region and the UK, including Oman-based partner Majid Al Toky, said a statement from the company.
The winning submission focused on the firm's appointment by the Supreme Council for Planning in Oman (the SCP) to assist it in the overhaul of Oman's housing regime, it stated.
The SCP is the strategic body established by the Government of Oman to sit above ministries and deliver on the government's overall vision. The firm has helped the SCP to develop a new policy taking on board examples of global and regional best practice, which will set the housing strategy for the coming years, as well as a comprehensive new law.
Among other things, this envisages the creation of a new unit to regulate the sector and to interact with other stakeholders in a concerted fashion.
On the award win, Haq Mohammed said: "We are delighted to have been named Real Estate Team of the Year and hope to continue to work with developers, investors and governments alike to help deliver integrated communities across the Middle East," he stated.
"Creating homes for the growing populations of countries in the region is of critical strategic importance. It is a privilege to play a role in creating the frameworks to enable governments in the region to address those needs," he added.-TradeArabia News Service