Built-to-Suit Structuring

The key benefit to corporate occupiers of the build to suit model is that they are able to occupy space which is built according to their specification and which was presumably not otherwise available in the location. Other benefits include that the development phase is risk free as the developertakes on the risks associated with development work (the upside forthe developer being that the build to suit model is demand driven and therefore it has an identified purchaser ortenant forthe building before it commences construction). Corporate occupiers also benefit from the transaction being off balance sheet during the construction phase. However, there are a number of important factors that a corporate occupier needs to consider when contemplating a build to suit arrangement in Dubai, that is where our expert advice comes into play