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Firms to share $35bn in deals named
Ashurst, Allen & Overy, Eversheds, Nabarro and Norton Rose are among 13 firms appointed to Qatari Diar's first-ever legal panel.
The New Lawyer
Ashurst, Allen & Overy, Eversheds, Nabarro and Norton Rose are among 13 firms appointed to Qatari Diar Real Estate Investment Company’s first-ever legal panel.
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The property developer has rolled out a roster of six panels covering construction, finance, corporate, hotels, UK projects and international.
Ashurst, which has previously worked with Qarari Diar is the only firm that has so far confirmed placement on more than two panels. It has been appointed to three, including infrastructure, construction and UK projects.
The firm’s tender was assisted by partners in Australia, Duabi and the UK.
The Ashurst tender team was led by real estate partners Anthony Burnett-Scott in London and Rhonda Hare in Singapore as well as transport and Infrastructure partner Joss Dare in Dubai.
Burnett-Scott and Gerald Kelly will lead on the UK Projects panel, Hare on hotels and resorts and Dare and David Jardine on infrastructure, construction and engineering..
Nabarro has been included on the UK projects panels, and Norton Rose has won a place on the international roster and the finance panel. Eversheds has a role on the international panel. Allen & Overy has won a spot on the finance, corporate and international panels.
According to reports, Clifford Chance also expected to have a slot on at least one panel, while Latham & Watkins, Herbert Smith and Berwin Leighton Paisner are also expected to be on the panel.
Hogan Lovells has previously worked with Qatar Diar and so has been labeled a likely panelist.
Qatari Diar said it invited 46 firms to pitch for the tender, which was run by general counsel Andrew Walsh.
Qatari Diar said it currently has over 49 projects on the go in 29 countries across the Americas, Europe, Asia and the Middle East, with the deals totalling more than $35bn in value.
Qatari Diar group CEO Eng., Mohammed bin Ali Al Hedfa said the company is impressed with the high quality of proposals.
"Having prior knowledge and experience of Qatar and the GCC as well as the sectors and other regions we work in were essential in the selection of firms and is crucial to Qatari Diar’s vision of making a positive impact and improving the quality of lives in the communities we are serving," said Al Hedfa.
