Emaar Properties

Client: Emaar Properties
Representation: Mergers and Acquisitions
Date: June 2006
Locations: Newport Beach, California

Summary:

Schiff Hardin successfully represented Emaar Properties, a Dubai-based developer, in closing its first U.S. acquisition — WL Homes LLC (doing business as John Laing Homes), one of America's largest privately-held house builders — for $1.05 billion. The acquisition created one of the world’s largest real estate companies.

This purchase is part of Emaar's business strategy that focuses on premier real estate projects in Dubai and an expansion of their international business elsewhere in the Middle East, as well as in South Asia and the United States.

Schiff Hardin's ability to move nimbly, effectively and cost-efficiently in serving Emaar in this transaction illustrates our firm’s outstanding corporate and securities capabilities.