Property

Featured Publication: Overview of Real Estate in Vietnam
Contacts
T: +84 24 3772 5633
T: +66 2056 5559

T: +66 2056 5995
T: +66 2056 5995

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 2056 5559

E-mail

Partner
Bangkok

Kasamesunt Teerasitsathaporn

T:+66 2056 5799

E-mail

Partner
Bangkok

Thomas J. Treutler

T:+84 24 3772 5633

E-mail

Partner
Hanoi
Ho Chi Minh City

Chaiwat Keratisuthisathorn

T:+66 2056 5507

E-mail

Associate
Bangkok

Daraboth Kim

T:+855 23 964 210

E-mail

Associate
Phnom Penh

Ittirote Klinboon

T:+66 2056 5798

E-mail

Associate
Bangkok

Kitti Thaisomboon

T:+66 2056 5539

E-mail

Associate
Bangkok

Kornkieat Chunhakasikarn

T:+66 2056 5804

E-mail

Associate
Bangkok

Noppadon Treepetchara

T:+66 2056 5791

E-mail

Associate
Bangkok

Penrurk Phetmani

T:+66 2056 5509

E-mail

Associate
Bangkok
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Datesort icon Title
July 9, 2007

Popular Financing Option Should Not Be Confused with Leasing

Thawat Damsa-ard

This article focuses on hire-purchase contracts and residential property. The article includes comments from Tilleke & Gibbins partner Thawat Dams-ard.

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July 20, 2007

Spell Out Responsibilities Clearly

Thawat Damsa-ard

This article, focusing on landlord-tenant disputes, includes comments from Tilleke & Gibbins partner Thawat Damsa-ard.

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March 21, 2008

Success by the Book

Darani Vachanavuttivong, Tiziana Sucharitkul

This article provides an introduction to Tilleke & Gibbins based on the firm’s winning the prestigious International Law Office Client Choice Award 2007 for Thailand.

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October 14, 2009

TAGLaw and TIAG: Advantage Client

Cynthia M. Pornavalai

This profile on TAGLaw and TIAG focuses on the benefits of network membership to firms and, in turn, clients. The Thailand and Vietnam portions of the feature focus on Tilleke & Gibbins and...

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April 22, 2010

Property and IP Lawyers Recognized as Asialaw Leading Lawyers 2011

Darani Vachanavuttivong, Alan Adcock, Suebsiri Taweepon

Tilleke & Gibbins’ property and intellectual property lawyers were recognized as some of the region's most highly acclaimed legal experts by Asialaw Leading Lawyers, one of the largest annual...

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Datesort icon Title
April 25, 2006

Yesteryear – Bangkok in 1956: What Was It Like When AMCHAM Thailand Was Founded?

David Lyman

In this text of a presentation for the 50th anniversary of the American Chamber of Commerce in Thailand, David Lyman reflects on the changes he has observed in Thailand in the 50 years since...

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January 12, 2007

Revocation of a Juristic Condo

A number of Thailand’s condominiums were built many years ago and, depending for the most part on the quality of maintenance since their construction, are at present in varying states of repair or...

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October 19, 2007

Doing Business in Vietnam

John King, Thomas J. Treutler

On the heels of its 2006 entry into the WTO, Vietnam’s economy continues to show high growth and is generally considered the second fastest growing economy in Asia behind China. This article...

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December 4, 2007

New Ministry of Interior Policy to Prevent Purchase of Land for the Benefit of Foreigners

Thailand, with its rich culture and beautiful sites, presents a very attractive destination to foreigners from many countries—for visit, travel, or even retirement purposes. Some of these...

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September 12, 2008

A New Tool for Real Estate Buyers

Chitchai Punsan, Ittirote Klinboon, Tiziana Sucharitkul

Thailand’s property market is still on the rise and highly competitive. Advertisements for new real estate developments are everywhere, and with them are promises of freebies. While some projects...

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