Tuesday, September 21, 2021

White & Case Advises FIVE Holdings on Acquisition of Hotel in Jumeirah Beach Residence

Global law firm White & Case LLP has advised FIVE Holdings on its acquisition of the under-construction hotel in Jumeirah Beach Residence, Dubai.

Due to open in 2023, the beach-front property will have 227 suites, 102 serviced residences, culinary and nightlife venues, a spa, a social pool and a private beach.

FIVE Holdings is a Dubai-based real estate group that offers a wide range of services across four key verticals – development, hospitality, restructuring and investment.

The White & Case team which advised on the transaction was led by local partner Louise Vun (Dubai) and included partner Ibaad Hakim (Abu Dhabi) and associate Mohammed Basama (Doha).

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