Real Estate & Leisure
Real estate markets in many parts of the Middle East, particularly the Iran, were characterized as “emerging” during the first decade of the century.
Off-plan investment activity is currently non-existent. Investors’ attention has instead turned to newly completed projects, particularly those of a high quality in the right location with high tenant demand. Property prices are relatively low, whilst occupancy rates are high in such projects. In addition, sale and lease-back transactions have been prevalent over the last 12 months, as developers and owners seek to release much needed capital.
Farama & Co is involved in real estate projects in Iran, acting on behalf of master developers of significant new real estate communities.
We act for public and private master developers, land departments and municipalities, investors, financial institutions and landlords and tenants and provide our clients . We advise on general commercial property transactions, property dispute resolution, strata and mixed use schemes, hospitality development and asset management, real estate development, property funds, legislative drafting, and drafting and negotiating agreements to lease, leases, tenancy contracts and licenses to occupy for residential, commercial, industrial and retail property. The breadth and depth of our experience enable us to assist with all aspects of real estate legal practice across the Iran.
Please contact Mr. Vandad Arian.