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
October 10, 2017

Euromoney Asia Women in Business Law Awards 2017: Tilleke & Gibbins Nominated in Five Categories

Linh Thi Mai Nguyen

Tilleke & Gibbins has been nominated for awards in five categories in Euromoney Legal Media Group’s Asia Women in Business Law Awards 2017. The awards celebrate the advancement of women in the...

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October 2, 2017

Asialaw Awards 2017: Tilleke & Gibbins Nominated for Eight Regional Awards

Asialaw has released the shortlist of nominated firms for its first-ever Asialaw Awards, to be held on November 28 in Hong Kong. In the regional categories, which span 24 Asia-Pacific...

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October 2, 2017

Tilleke & Gibbins Shortlisted in Four Countries at Asialaw Awards

Tilleke & Gibbins has been recognized as a top firm in four Southeast Asian jurisdictions, landing on the shortlist for the following categories at the upcoming Asialaw Awards:

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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Datesort icon Title
December 22, 2014

PLC Doing Business In … Multi-Jurisdictional Guide 2015 – Myanmar Chapter

Michael Ramirez, Nwe Oo

In association with Lex Mundi, Practical Law Company has published the latest edition in its series of Q&A-style guides to doing business in jurisdictions around the world. The Myanmar chapter...

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November 19, 2014

Shifting Ground: Foreign Developers to Be Affected by Vietnam’s New Land Law

Vinh Quoc Nguyen

The new Land Law was ratified by the National Assembly on November 29, 2013, and came into effect on July 1 this year (the 2014 Land Law). It replaces the previous Land Law of 2003 (the 2003 Land...

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October 31, 2014

One-Year Visas for Foreign Condominium Owners

Chaiwat Keratisuthisathorn

Thai law allows foreigners—both foreign natural and juristic persons—who meet certain criteria to purchase and own condominium units in Thailand. This eligibility is, however, subject to the...

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August 26, 2014

Vietnam’s New Land Law: The Impact on Foreign Developers

Vinh Quoc Nguyen

The latest incarnation of Vietnam's Land Law was ratified by the country’s National Assembly on November 29, 2013, and came into force on July 1, 2014 (the 2014 Land Law). This new law replaced...

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June 27, 2014

Dilemma: File a Claim or Nix the Contract?

Alongkorn Tongmee

Having multiple legal options is generally viewed as positive in a business context. It may, however, also imply the need to make a difficult decision—one with significant practical and legal...

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