Fladgate advises a Bermuda fund on US $85m acquisition

Our team: Sunil Sheth, Mythily Katsaris

Fladgate LLP has advised Globex Fund Limited, a Bermuda fund, managed by a UK Plc, investing in a Dubai property through a Bermuda SPV, on the US$85m acquisition of a property for a hotel project in the Burj Khalifa District, Dubai.

Our advice included the structure for the purchase, dealing with the incorporation of a special purpose vehicle in Bermuda and advising on the agreements in relation to the purchase of the hotel.

Corporate partner Sunil Sheth led the Fladgate team, assisted by corporate associate, Mythily Katsaris.

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