Property

Featured Publication: Overview of Real Estate in Vietnam
Contacts
T: +84 28 3936 2069
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

Michael K. Lee

T:+84 28 3936 2069

E-mail

Partner
Ho Chi Minh City

Dat Hoang Truong

T:+84 28 3936 2070

E-mail

Of Counsel
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
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Datesort icon Title
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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February 27, 2017

Waewpen Piemwichai to Speak at Seminar for Thai Investors into Vietnam

Waewpen Piemwichai

On March 16, Waewpen Piemwichai of Tilleke & Gibbins will speak at a seminar at the Shangri-La Hotel in Bangkok with the theme of “Vietnam: Integration – Opportunities – Growth.” The event, co...

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Datesort icon Title
April 3, 2015

Effects of a Land and Buildings Tax on Condo Owners

Kasamesunt Teerasitsathaporn

As has been widely reported, the Finance Ministry has proposed a new property tax on land and building owners. However, Prime Minister Prayut Chan-o-cha has decided to delay the new tax, citing...

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March 9, 2015

Capturing Opportunity: Myanmar’s Hotel and Tourism Boom

Michael Ramirez, Nwe Oo

Since Myanmar liberalized its economy in 2011, the country has experienced a surge of foreign direct investment and visiting tourists. Official government figures show that tourist arrivals have...

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January 16, 2015

The International Comparative Legal Guide to: Franchise 2015 – Vietnam Chapter

Tu Ngoc Trinh

Jim Dao and Tu Ngoc Trinh, registered foreign attorney and attorney-at-law of the Tilleke & Gibbins corporate and commercial group in Vietnam, have coauthored the Vietnam chapter of The...

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January 15, 2015

PLC Corporate Real Estate Multi-Jurisdictional Guide 2014/15 – Vietnam Chapter

Vinh Quoc Nguyen

The 2014/15 edition of Practical Law Company’s multi-jurisdictional guide to Corporate Real Estate, presented in a Q&A format, provides an overview of corporate real estate in 26...

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January 12, 2015

Getting the Deal Through – Real Estate 2015, Thailand Chapter

Cynthia M. Pornavalai

Getting the Deal Through – Real Estate 2015, a guide to real estate in 25 jurisdictions around the world, has been published. The Thailand chapter of the guide, coauthored by Cynthia M....

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