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Middle East Real Estate & Construction newsletter - June 2015

30 June 2015

Welcome to the latest Middle East Real Estate & Construction Quarterly Newsletter.

On behalf of the Charles Russell Speechlys’ team, we would like to wish our readers Ramadan Kareem. 

The purpose of our quarterly e-publication is to provide you with direct access to some of our recent articles and other relevant know-how in relation to topical issues in the Real Estate & Construction sectors in the Middle East.

Reminder: Deadline to register your leases

As indicated in our article, the Lease Law sets out that all new leases must be in writing and registered within 1 month from the date it is concluded and all existing tenancies must be documented in a formal lease and registered by 6 August 2015.

Leases can be registered at either the Office of Lease Registration which is situated in each of the Municipality Offices in Bahrain or electronically via the Bahrain E-Government Portal at the following link: http://www.bahrain.bh.

The fees for registering a residential lease will be BHD 5. The fees for registering a commercial lease will be BHD 10.

Office News

Paula Boast:
We are very pleased to announce that Paula Boast has joined the Bahrain office as a Partner and Head of Construction, Middle East. Paula will help develop our existing real estate and construction practice and will offer expert advice across all construction matters, at a time where construction projects are gaining real momentum across the region. Paula will split her time between the firm’s Bahrain and Qatar offices and will act on behalf of government and regulatory clients, project employers and developers, lenders and investors, contractors, subcontractors and consultants.

Paula has considerable expertise as a Construction lawyer and has a mix of both front-end and disputes experience. Paula has advised on a number of real estate and development projects in Bahrain and across the Middle East.

Paula commented “Charles Russell Speechlys is a regional leader in the real estate and construction sector and I look forward to working closely with the team to ensure positive momentum and growth within the practice as well as the wider firm. This is a very exciting time to be joining Charles Russell Speechlys, and I hope to be able to share my industry knowledge and expertise across the GCC to further the success of the firm.”

Seminar Series

Our next seminar series will take place in September and details will be circulated closer to the time.

An Update to the Development Law

This article summarises the main provisions of the Implementation Regulations and other laws recently issued in Bahrain in relation to the Development Law (Law No. 28 of 2014). Read More

Termination of Construction Contracts and the Qatar Civil Code – Part 1 

When focused on entering into a contractual relationship, parties will often overlook the provisions relating to the termination of that contract. Unfortunately this can result in great difficulty and additional cost when issues arise and the contract needs to be brought to an end. In the first part of this article series, we identifies some key considerations to be made when drafting termination provisions in construction related contracts, governed by the laws of Qatar. Read More 

Introduction to Public Private Partnerships with a focus on Qatar

This article provides an overview of PPPs, considers some of the main PPP procurement options, how to facilitate PPPs from a legal and regulatory perspective and some recent trends in relation to PPPs in Qatar. This article follows a recent presentation by Simon Green for the Qatar Chamber of Commerce on 27 May 2015. The slides in relation to the presentation can be be accessed here. Read More

Focus on Rail: Part 1 - Region Benefitting from Infrastructure Development 

The first part of our rail series focuses on the challenges, employer responsibilities and forms of procurement. Read More

Hospitality Industry takes a major stride in the last decade 

We are pleased to attach a link to our recently published article in 'bizbahrain'. The article briefly examines the structure of Hotel Management Agreements and the wider suite of ancillary agreements which are typical to hotel projects. Read More