Property

Featured Publication: Overview of Real Estate in Vietnam
Contacts
T: +84 8 3936 2069
T: +66 2653 5559

T: +66 2653 5995
T: +66 2653 5794

Tilleke & Gibbins provides efficient, cost-effective, business-oriented representation on property transactions. We work with domestic and multinational companies to develop tailored solutions for regional investment and global growth.

Our integrated approach, combining issues of banking and finance, commercial transactions (especially, joint ventures), insurance, regulatory affairs, tax, and, when necessary, dispute resolution and litigation, has earned us the trust of sophisticated investors and developers throughout Southeast Asia. As seasoned practitioners, we specialize in solutions that synthesize relevant business issues and our clients’ goals.

Profitable real estate opportunities can be fleeting in the forward-moving economies of Southeast Asia. We help our clients in all industries, from manufacturing to hospitality, recognize and capitalize on these opportunities.

Among our recent matters, we have:

  • Advised a major Japanese construction company in a USD 140,000,000 mixed-use office, condominium and serviced apartment project in Hanoi, including all licensing matters, land title issues, zoning variances, land subdivision, joint venture negotiations, corporate governance, and property management regulations.

  • Advised a key client on its various property joint venture projects with a major property group, including financing agreements, project joint venture agreements, and legal and tax structuring of specific condominium projects.

  • Represented one of the world’s most recognizable fashion and luxury goods retailers in several commercial real estate disputes in Thailand arising from the disputed termination of a 30-year franchisee relationship. This representation includes negotiation and settlement of lease hold and commercial franchisee contracts with both the outgoing franchisee and the incoming franchisee partner, one of Southeast Asia’s largest and most successful commercial retailers.

  • Helped a major U.S. hospitality chain to structure, draft, and negotiate management contracts and conduct due diligence for six hotel, resort, and condominium projects in compliance with Vietnamese law, including  land title, zoning issues, complex brand licensing, and various taxation issues.

  • Acted as counsel to the developer of various condominium projects in Pattaya. Our involvement covered all aspects of the condominium project, including legal structuring of investor groups, financing, land acquisition, and contracts.

  • Represented a client as a joint defendant in a civil lawsuit filed by the owner of adjacent land. The land owner petitioned the court to register a right-of-way across our client’s land to a public road. The trial court rendered judgment in favor of our client and dismissed the land owner’s complaint.

  • Advised on a mixed development of an entire island, including land acquisition, development and construction permits, joint venture agreements, financing, customer and supplier contracts, and the legal and tax structure.

  • Assisted an international investor with all legal aspects of a land deal, including corporate structure, contract negotiation, and transfer of property. The investor secured ownership of over 20 individual plots of prime beachfront property, which allowed for the eventual establishment of a high-end resort project valued at over THB 1,500,000,000.

  • Restructured the complete set of home loan documents for a global financial institution. The documentation set includes the facility agreement, mortgage agreement, and tripartite agreements between the bank, borrowers, and real estate developers.

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Name Position Office

Cynthia M. Pornavalai

T:+66 2653 5559

E-mail

Partner
Bangkok

Kasamesunt Teerasitsathaporn

T:+66 2653 5799

E-mail

Partner
Bangkok

Michael K. Lee

T:+84 8 3936 2069

E-mail

Partner
Ho Chi Minh City

Chaiwat Keratisuthisathorn

T:+66 2653 5507

E-mail

Associate
Bangkok

Ittirote Klinboon

T:+66 2653 5798

E-mail

Associate
Bangkok

Kitti Thaisomboon

T:+66 2653 5539

E-mail

Associate
Bangkok

Kornkieat Chunhakasikarn

T:+66 2653 5804

E-mail

Associate
Bangkok

Nitipong Boonsong

T:+66 2653 5810

E-mail

Associate
Bangkok
Vientiane
Yangon

Noppadon Treepetchara

T:+66 2653 5791

E-mail

Associate
Bangkok

Penrurk Phetmani

T:+66 2653 5509

E-mail

Associate
Bangkok
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Datesort icon Title
April 28, 2016

ALB SEA Law Awards 2016: Tilleke & Gibbins Nominated in Three Firm of the Year Categories

Darani Vachanavuttivong, Tiziana Sucharitkul, Thomas J. Treutler

The nominees of Asian Legal Business’s Southeast Asia Law Awards 2016 have been announced, and Tilleke & Gibbins has secured nominations in three categories, as follows:

April 18, 2016

Tilleke & Gibbins Named ALB Employer of Choice 2016 in Thailand and Vietnam

Tiziana Sucharitkul, Darani Vachanavuttivong

Tilleke & Gibbins has won the “Employer of Choice” award for 2016 in both Thailand and Vietnam, as determined by Asian Legal Business  magazine. For Thailand, this is the fourth...

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April 13, 2016

Tilleke & Gibbins Wins 2016 Who’s Who Legal Country Award for Thailand

Who’s Who Legal has named Tilleke & Gibbins as the winner of the 2016 Who’s Who Legal Country Award for Thailand. With the awards ceremony now in its third year, Tilleke & Gibbins was the...

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March 16, 2016

Training Course: ASEAN Business and Investment Law

Nandana Indananda, Cynthia M. Pornavalai, Kobkit Thienpreecha

Three Tilleke & Gibbins partners have been invited to lecture at the “ASEAN Business and Investment Law Training Course,” hosted by the Law and Development Research Center, Faculty of Law,...

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March 9, 2016

Nwe Oo Quoted in Bangkok Post Article on Yangon’s Real Estate Market

Nwe Oo

Weak legal structure, expensive land, lack of liquidity, and an undercapitalized banking system have discouraged land purchase and ownership in Yangon, the capital of Myanmar. This has led to a...

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Datesort icon Title
April 11, 2016

PLC Doing Business In … Multi-Jurisdictional Guide 2016 – Thailand Chapter

Darani Vachanavuttivong, Sriwan Puapondh, Kitti Thaisomboon, Michael Ramirez, David Beckstead, Napat Siri-armart

Doing Business, a Q&A-style guide published by Practical Law Company in association with Lex Mundi, presents an overview of key recent developments affecting doing business in 41...

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April 11, 2016

PLC Doing Business In … Multi-Jurisdictional Guide 2016 – Myanmar Chapter

Michael Ramirez, Nwe Oo

The Myanmar chapter of Doing Business, a guide published by Practical Law Company in association with Lex Mundi, presents a comprehensive Q&A-style overview of doing business in...

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January 15, 2016

Lex Mundi Guide to Doing Business in Thailand 2016

The Guide to Doing Business in Thailand, published by Tilleke & Gibbins in association with Lex Mundi, provides a comprehensive overview of the legal...

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December 17, 2015

Getting the Deal Through – Real Estate 2016, Thailand Chapter

Cynthia M. Pornavalai, Chaiwat Keratisuthisathorn

Getting the Deal Through – Real Estate 2016  provides a guide to property and real estate law in 26 jurisdictions worldwide. Cynthia M. Pornavalai, partner, and Chaiwat...

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September 4, 2015

Rights and Duties of Joint Owners in a Condominium Project

Chaiwat Keratisuthisathorn

Condominiums are a particularly desirable form of residence for those living in the city because they offer convenience and often a variety of common facilities. There are, however, several...

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