Natural Resources

Overview

Natural Resources


Recent matters
  • Advised one of Kenya’s largest public universities in a major real estate project. Part of our tasks in the assignment, included: conducting a detailed due diligence on the land to be purchased (approximately 1000 acres); overseeing the purchase of the land, negotiations with several professionals and the project’s technical team (architects, engineers, project managers and selling agents) involved in the development of a commercial building; drafted contracts for the above-mentioned professionals; providing general legal advice on the development; reviewed and amended related standard construction contacts and stamped various contracts for professionals
  • Advising a client developing a private city in the Nairobi metropolis on 1000 acres of land
  • Advised a private limited liability company engaged in the business of advanced medical care that was undertaking the construction of a hospital on land in Kiambu. For the purposes of financing the aforementioned construction project, the company entered into an arrangement with a development bank to grant it facilities amounting to USD 30.5 million. The transaction involved conducting extensive legal due diligence on the company and the individual project transactional documents, the drafting and review of the following security documentation: the Facility Agreement, the Sponsor Support Agreement, the Recourse Agreement, the Memorandum of Deposit of Shares, the Irrevocable Stand by Letter of Credit, the Consent letter, the Charge, the Project Documents and Assignment Agreement
  • Currently acting for a leading Turkish construction company in partnership with a German investment firm in a joint venture project with landowners for the development of a multi million dollar mixed use project on Ngong Road, Nairobi

Recent insights
  • Important notice: Disruption of services at the Land Registries
  • Building a strong “national” foundation: Local content in Kenya’s construction industry
  • Step lightly: Matters to consider during M&A deals in Kenya
  • On the rise: How REITs are changing the real estate landscape
  • A tale of two countries: A comparative look at Trusts in Mauritius and New Zealand
  • Section 23 of the Registration of Titles Act – Did it really protect the bona fide purchaser?
  • Does your development require an environmental impact assessment licence?

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