Trowers & Hamlins advises on $1bn Bahrain Health Oasis |
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Trowers & HamlinsTrowers & Hamlins
, the international law firm, is pleased to have advised the Royal College of Surgeons in Ireland on the development and financing of a large scale specialist healthcare project in Muharraq, Bahrain.The $1bn Bahrain Health Oasis project was launched by His Highness Shaikh Khalifa Bin Salman Al Khalifa, the Prime Minister of the Kingdom of Bahrain at a Foundation Stone Ceremony on Tuesday 19 May. The Bahrain Health Oasis concept extends over a combined site of circa 60 hectares of multiple inter-related components and will feature three keystone projects: the Bahrain Health Oasis, The King Hamad General Hospital (KHGH) and the Oasis Private Hospital (OPH).
In support of these core medical education and healthcare components, the Bahrain Health Oasis will also house Clinical Specialist Treatment Centres, a Medical Innovation and Incubation Centre, extensive provisions of offices for medical and healthcare enterprises, a five star resort and four star hotels to include spas as well as a wellness centre, a public promenade including an extensive array of shops and waterfront cafes, serviced apartments with managed care, sports facilities, staff and student accommodation and a high quality public realm and park. The project is being developed in association with Kuwait Finance House BahrainKuwait Finance House Bahrain.
Abdul-Haq Mohammed, Partner at Trowers & HamlinsTrowers & Hamlins, commented: "We are delighted to have worked with two valued clients in bringing this deal to a successful conclusion. This has been a well thought-out process - detailed negotiations commenced at the beginning of 2008. We look forward to working with the project company over the coming years as the development takes shape.
I believe that the Bahrain Health Oasis is unique, and will draw on RCSI's world-class heritage in the fields of medical education and healthcare delivery and KFH BahrainKFH Bahrain's reputation for outstanding development projects."
Gulfam Hussain, Legal Counsel at KFH-BahrainKFH-Bahrain, commented "We have had to grapple with some complex legal issues over the course of extensive negotiations which have been facilitated with a commendable degree of professionalism on the part of Trowers. We look forward to working further with them on this exciting project."
The Trowers and Hamlins teams were led by Partner Abdul-Haq Mohammed and associate Peter Greatrex. Other team members included partners Dominic O'Neil and Christopher Pedder and associates Sallie Bowtell, Paula Boast and Michelle Manera.
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Trowers & HamlinsTrowers & Hamlins has the leading real estate practice in Bahrain, acting on the majority of major master-planned projects currently taking place on the island, including Bahrain Bay, Diyar Al Muharraq, Reef Island, Durrat Al Bahrain, Riffa Views and many others.
Abdul-Haq Mohammed is the Head of Trowers & HamlinsTrowers & Hamlins' Middle Real Estate team and is currently advising on projects in Bahrain, Abu Dhabi, Qatar and Saudi Arabia.
Trowers & HamlinsTrowers & Hamlins advised RCSI and KFH BahrainKFH Bahrain through a 'chinese wall' established at the request of the two parties. Local law advice was provided by Elham Ali Hassan and Associates.
Press enquiries:
Abdul-Haq Mohammed
Partner
Trowers & Hamlins
Tel: +973 17 515600
(Mobile +973 39901884)
Paul Arvanitopoulos or Louis Auty
Mattison Public Relations
Tel: 020 7645 3636
© Press Release 2009
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