Dar Global Hires Rothschild & Co to Advise on Growth Opportunities

Dar Global, the London-listed luxury international real estate developer, on Wednesday said that it has appointed Rothschild & Co, the leading global independent financial advisor, to explore further growth opportunities in the London and Saudi Arabia markets. The move is part of Dar Global’s strategic plan to expand its presence in the two markets.

While the London market remains a key focus area for Dar Global, the company announced in November 2023 its intention to explore opportunities to expand into Saudi Arabia, to benefit from the growing international interest in the Kingdom.

Dar Global will be assisted by its major shareholder Dar Al Arkan in Acquisitions and Joint Ventures within the Saudi market. Dar Global has enjoyed significant prior success in similar transactions across its portfolios, partnering with landowners, government organizations and some of the world’s leading luxury and hospitality brands to deliver high-end, bespoke investment opportunities to affluent and internationally mobile customers.

Key Partnerships

Dar Global CEO Ziad El Chaar said that their partnerships were key to Dar Global’s success and their deep-rooted commitment to delivering high-end bespoke investment opportunities for their clients will stand them in good stead as Dar Global forged ahead.

“We look forward to further enhancing our presence in the key London market even as we work alongside our major shareholder Dar Al Arkan to consolidate our acquisitions and joint ventures in the Saudi market. We are pleased to be working with the Rothschild & Co team on advancing our ambitions as we reinforce our brand presence in the region,” he added.

Dar Global has unveiled the $500 million Trump International Oman at its AIDA project, introducing a paradigm shift in opulent living and hospitality. AIDA is one of the largest premium mixed-use real estate developments in the world, marking a significant milestone in Oman’s real estate landscape.

The Trump International Oman is the latest addition to Trump’s prestigious global portfolio and is scheduled to open in December 2028. This luxurious 140-key, 5-star hotel complex features a range of accommodations, including hanging suites, furnished villas, and serviced apartments.

Rothschild & Co has already opened its new office in Riyadh-based King Abdullah Financial District (KAFD) this year as part of its strategic expansion in Saudi Arabia, boosting its Middle East presence.

The new Riyadh office will enable Rothschild & Co to deliver a comprehensive suite of advisory services including mergers & acquisitions, debt advisory & restructuring, and equity markets solutions.