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
December 12, 2017

Tilleke & Gibbins Earns Top Rankings in Chambers Asia-Pacific 2018 in Thailand

Tilleke & Gibbins has been recognized with Band 1 rankings for its Intellectual Property, Insurance, and Technology, Media, and Telecommunications (TMT) practices in Thailand in the 2018...

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December 12, 2017

Chambers Asia-Pacific 2018: Tilleke & Gibbins Recognized in Cambodia, Laos, Indonesia, and Myanmar

Chambers Asia-Pacific  has released the 2018 edition of its annual rankings of the leading law firms from 41 jurisdictions in the Asia-Pacific region, in which Tilleke & Gibbins...

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December 12, 2017

Fourteen Tilleke & Gibbins Lawyers Receive Recognition in Chambers Asia-Pacific 2018 Rankings

Chambers Asia-Pacific  has recognized the following 14 Tilleke & Gibbins lawyers and consultants for their impressive legal knowledge and expertise, capabilities, and client-...

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December 12, 2017

Chambers Asia-Pacific 2018: Vietnam IP Practice Placed in Top Tier

Tilleke & Gibbins’ Intellectual Property practice was ranked in Band 1 in Vietnam in the 2018 edition of Chambers Asia-Pacific. This is the 10th consecutive year the firm has achieved...

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November 30, 2017

Tilleke & Gibbins Among Top Firms in Cambodia in Legal 500 Asia Pacific 2018

In its first survey of the Cambodian legal market, The Legal 500  has awarded Tilleke & Gibbins a Tier 2 ranking, placing it in the top six firms in the country.

The...

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Datesort icon Title
June 14, 2013

Expanding the Potential for Secured Transactions

Kasamesunt Teerasitsathaporn, Michael Ramirez

Secured transactions refer to transactions secured by collateral, which guarantees the fulfilment of an obligation to repay loans. Currently, Thailand recognises only a limited class of security...

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May 31, 2013

Buying a House in a Land Development Project: Look Before You Leap

Alongkorn Tongmee

Recently, consumer interest in purchasing residential homes in Thailand has skyrocketed. In response to this, developers have launched numerous residential development projects catering to both...

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March 20, 2013

Lex Mundi Guide to Doing Business in Thailand 2013

Published by Tilleke & Gibbins in association with Lex Mundi, the Guide to Doing Business in Thailand  provides a comprehensive overview of the legal environment for investors...

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February 22, 2013

New Approach to Commercial Building Rules in Bangkok

Napat Siri-armart

Location, location, location—the old adage about the three things that matter in real estate continues to be true today, especially for retailers. Commercial real estate developers and retailers...

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February 14, 2013

PLC Doing Business in … Multi-Jurisdictional Guide 2013 – Thailand Chapter

Pimvimol (June) Vipamaneerut, Kobkit Thienpreecha, Weerawat Distapinyo, David Duncan, Sriwan Puapondh, Michael Ramirez, Anake Rattanajitbanjong, Passanan Suwannoi

In association with Lex Mundi, Practical Law Company has now published the latest edition in its series of guides on how to do business in jurisdictions worldwide. The Thailand chapter, written by...

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