Hogan Lovells advises on UAE Community Deal
Hogan Lovells has advised Eltizam Asset Management Group on the merger of its subsidiary Three60 Communities, with Novus Community Management. The new company also acquired the assets of Premium Community Management.
The deal creates the UAE’s largest privately owned community management company, managing more than 80 buildings, including two master communities and more than 20,000 residential units. This expansion falls in line with the company’s long-term strategy to grow its operations throughout the UAE and GCC.
Hogan Lovells’ Dubai-based team was led by corporate partner Warren Thomson and projects partner Christopher Cross, with support from Craig Brook (Senior Associate), Freya Byrne (Associate) and Marcus Tomlinson (Trainee Solicitor).