Property

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

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
February 10, 2016

Fifteen Tilleke & Gibbins Lawyers Ranked in Chambers Asia-Pacific 2016

Fifteen Tilleke & Gibbins lawyers and consultants have been recognized for their outstanding legal knowledge and experience, ability, effectiveness, and client service in the latest ...

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January 26, 2016

Chambers Asia-Pacific Awards 2016: Tilleke & Gibbins Nominated as Thailand Law Firm of the Year

Tilleke & Gibbins has been nominated to win the highly coveted Thailand Law Firm of the Year Award 2016 by Chambers Asia-Pacific. The winner of this year’s award will be announced at...

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November 18, 2015

Asialaw Profiles 2016: Tilleke & Gibbins Receives Top Rankings in Four Countries

Asialaw Profiles, a guide to the Asia-Pacific’s leading domestic and regional law firms, has released its annual rankings, and Tilleke & Gibbins has received top rankings in Thailand...

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November 12, 2015

The Legal 500 Asia Pacific 2016: Ten Tilleke Attorneys Named as “Leading Individuals”

In the 2016 edition of The Legal 500 Asia Pacific, ten Tilleke & Gibbins lawyers were recognized as “Leading Individuals” in the fields of corporate and M&A; dispute resolution;...

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October 5, 2015

Euromoney Asia Women in Business Law Awards 2015: Tilleke & Gibbins Nominated in Four Categories

Darani Vachanavuttivong, Tiziana Sucharitkul, Sukontip Jitmongkolthong

Tilleke & Gibbins has been shortlisted in four categories in the Euromoney Legal Media Group Asia Women in Business Law Awards 2015. The awards recognize leading individuals in practice area...

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Datesort icon Title
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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September 2, 2015

PLC Commercial Real Estate Multi-Jurisdictional Guide 2015/16 – Vietnam Chapter

Vinh Quoc Nguyen

The 2015/16 edition of Practical Law Company’s Commercial Real Estate  guide provides overviews of commercial real estate laws and regulations in 22 jurisdictions worldwide. Vinh...

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May 29, 2015

Completing Your Construction Project in Thailand

Before you embark on designing and building your dream home—or business—in Thailand, pause for a moment.  As exciting and full of potential as your...

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