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

Penrurk Phetmani

T:+66 2056 5509

E-mail

Associate
Bangkok

Phu Thanh Nguyen

T:+84 28 3936 2052

E-mail

Associate
Ho Chi Minh City

Pichrotanak Bunthan

T:+855 23 964 210

E-mail

Associate
Phnom Penh

Pilasluck Kaewmuang

T:+66 2056 5782

E-mail

Associate
Bangkok

Pornchai Srisawang

T:+66 2056 5543

E-mail

Associate
Bangkok

Sophea Sin

T:+855 23 964 210

E-mail

Associate
Phnom Penh

Surapong Damrongtrakoolsak

T:+66 2056 5811

E-mail

Associate
Bangkok

Theerapat Sombatsatapornkul

T:+66 2056 5950

E-mail

Associate
Bangkok

Vinh Quoc Nguyen

T:+84 28 3936 2061

E-mail

Associate
Ho Chi Minh City

Timothy Wales

T:+66 2056 5555

E-mail

Consultant
Bangkok
Yangon
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Datesort icon Title
July 31, 2017

Tilleke & Gibbins Nominated for Three TrustLaw Pro Bono Awards

In recognition of Tilleke & Gibbins’ pro bono practice, our firm has been nominated for the following awards at the 2017 TrustLaw Awards:

May 23, 2017

Who’s Who Legal Recognizes Tilleke & Gibbins with 2017 Country Award for Thailand

Tiziana Sucharitkul, Darani Vachanavuttivong

Tilleke & Gibbins has won the 2017 Who’s Who Legal Country Award for Thailand at a ceremony that took place at Plaisterers’ Hall in London on May 15. This is the second year that the Thailand...

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April 12, 2017

Tilleke & Gibbins Named ALB Employer of Choice 2017

For the fifth year in a row, Tilleke & Gibbins has been named “Employer of Choice” in Thailand in a survey conducted by Asian Legal Business.

The rankings were determined...

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April 12, 2017

ALB Southeast Asia Law Awards 2017: Tilleke & Gibbins Earns Nominations in Four Categories

Tilleke & Gibbins has been nominated for two national categories and two regional categories in the Asian Legal Business  Southeast Asia Law Awards 2017. This year’s winners will...

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March 22, 2017

Nwe Oo to Speak at Myanmar Infrastructure Summit 2017

Nwe Oo

Nwe Oo, a senior attorney-at-law in Tilleke & Gibbins’ Myanmar office, will speak at the 3rd Myanmar Infrastructure Summit 2017, on the topic of “Myanmar’s Condominium Law of 2016: A...

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Datesort icon Title
January 10, 2017

Getting the Deal Through – Real Estate 2017, Thailand Chapter

Theerapat Sombatsatapornkul, David Beckstead, Chaiwat Keratisuthisathorn

Theerapat Sombatsatapornkul, David Beckstead, and Chaiwat Keratisuthisathorn, all members of the Tilleke & Gibbins corporate and commercial team, have co-authored the Thailand chapter for the...

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December 6, 2016

PLC Corporate Real Estate Global Guide 2016/17 – Vietnam Chapter

Vinh Quoc Nguyen

Practical Law has published the 2016/17 edition of its Corporate Real Estate Global Guide, a high-level overview of commercial real estate laws and regulations in 23 jurisdictions...

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December 6, 2016

Thailand: New Controls to be Introduced for Residential Building Construction Agreements

Chaiwat Keratisuthisathorn

Effective from January 1, 2017, all contracts to construct residential buildings will be subject to contract control under the Consumer Protection Act B.E. 2522 (1979) and the Royal Decree...

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October 14, 2016

Operating a Hotel Business: New Regulations on Using Certain Types of Building

Chaiwat Keratisuthisathorn

Thailand is one of the world’s most popular travel destinations. A vast amount of tourists visit the country every year. And almost all of them have at least one thing in common—they need...

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June 3, 2016

Myanmar’s Condominium Law of 2016: A Foundation for Foreign Investment

Nwe Oo, Dino Santaniello

In 2011, when Myanmar embarked on a series of political and economic reforms, there was a surge in demand for real estate. Demand quickly outpaced supply, resulting in an undersupply of quality...

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