Hall Of Fame

Leading Associates

Real estate and construction in Thailand

Baker McKenzie LLP

Real estate remains a cornerstone of Baker McKenzie LLP‘s offering in Thailand. The practice is skilled in the development, financing and acquisition of properties, often handling matters concerning property funds, real estate investment trusts and data centres. Sorachon Boonsong oversees the department and excels in real estate investment trust transactions, as well as regulatory, M&A and leasing mandates. Duangkamon Amkaew is a name to note for cross-border hotel acquisitions and REIT transactions. Papon Kanungvanichakul is singled out for his regulatory knowledge in the real estate space.

Responsables de la pratique:

Sorachon Boonsong


Autres avocats clés:

Duangkamon Amkaew; Papon Kanungvanichakul; Wittaya Luengsukcharoen


Les références

‘The firm always gives us the best commercial advice on transactions. They can picture the pros and cons which helps us in finding the best path to pursue. Given there are many competent team members, the work can be turned around very fast.’

Principaux clients

Proud Real Estate Public Company Limited


Asia Singa Hospitality Pte. Ltd.


SHREIT / Strategic Hospitality Holdings Limited


Origin Property Public Company Limited


Major Development Public Company Limited


Thai Obayashi Corp., Ltd.


Assetwise Public Company Limited


AF Global Limited


Star Petroleum Refining Public Company Limited


Esso (Thailand) Public Company Limited (ETL) — currently, Bangchak Sriracha Public Company Limited


Principaux dossiers


  • Acted for Proud Real Estate Public Company Limited in the acquisition of two condominium projects in the midst of construction, Nue District R9 and Nue Cross Khu Khot Station (through a shares acquisition of the two project companies) from Noble Development Public Company Limited and TNL Alliance Co., Ltd.
  • Assisted Asia Singa Hospitality Pte. Ltd. with the acquisition of Surf House Phuket.
  • Assisted Strategic Hospitality Holdings Limited with the sale of all shares in Strategic Hospitality Holdings Limited (SHH) owned by Strategic Hospitality Leasehold Real Estate Investment Trust (SHREIT), representing a 100% equity interest, to EverLand Opportunities IX Limited.

DLA Piper

Drawing on the firm's full-service structure, DLA Piper’s real estate clients are able to take full advantage of its corporate, finance, regulatory and dispute resolution expertise. The group is proficient in real estate investments and project development, covering commercial, industrial and hospitality facilities. Waranon Vanichprapa and the 'responsive, responsible and communicative' Samata Masagee jointly oversee the group, with Vanichparpa leading on financing deals, and Masagee excelling in the energy sector. Sarita Prukaroon is ‘demonstrably a rising star’ in the real estate space.

Responsables de la pratique:

Waranon Vanichprapa; Samata Masagee


Autres avocats clés:

Sarita Prukaroon


Les références

‘Effectively bilingual in Thai and English.’

‘Samata Masagee – responsive, responsible and communicative.’

‘DLA Piper (Thailand) understands our company’s ways of working very well and is able to deliver advice that is practical and highly relevant to our requirements. Their unwavering commitment to meet our timelines (which can sometimes be aggressive due to business needs) is remarkable and very much appreciated.’

Principaux clients

John Swire & Sons Hong Kong


Anschutz Entertainment Group Inc. (AEG)


Global Hospitality Licensing S.à r.l.


Frasers Property (Thailand) Public Company Limited


Frasers Property Limited


DAMAC Properties Co. LLC.


WHA Utilities and Power Public Company Limited


Real Asset Development Co., Ltd


Lotus Bakeries Corporate NV


China Railway Construction (South East Asia) Co., Ltd.


Principaux dossiers


  • Assisting John Swire & Sons Hong Kong with its first expansion into Thailand, involving the acquisition of 40% shares in City Grace Co.
  • Acting as legal counsel for AEG on the EmLive project.
  • Advising Frasers Property Limited as well as its wholly-owned company, Frasers Property Holdings (Thailand) Company Limited on the acquisition of 100% of the total issued shares of Frasers Property Technology (Thailand) Co.

IAS Advisory

IAS Advisory continues to advise real estate and asset management companies on business structures, licensing and operations in Thailand. The group is active in retail, hotel and mixed-use property developments, and also advises on environmental impact assessments in the context of town and country planning. Ittinant Suwanjutha heads up the practice and specialises in real estate and construction matters within the green energy and education segments. Supachot Prasankiattiraj is a key asset to the practice with broad expertise in real estate acquisitions and dispositions, joint ventures and financings.

Responsables de la pratique:

Ittinant Suwanjutha


Autres avocats clés:

Supachot Prasankiattiraj


Les références

‘They have demonstrated their expertise in navigating Thai legal matters effectively, consistently delivering successful outcomes for us promptly. IAS Advisory’s professionalism, responsiveness, and compassion have us looking forward to their continued excellent guidance and legal support in the future. ’

‘Ittinant Suwanjutha has been our attorney in Thailand for nearly a decade. He is incredibly professional, knowledgeable, capable, and highly respected. We give Ittinant the highest possible rating and would recommend him to anyone seeking a top-tier Thai attorney.’

Principaux clients

Boon Ventures Ltd.


Pavara Development Co., Ltd.


Temple Art Assets Co., Ltd.


Twinpalms Management Ltd.


One Origin PCL


Scott Paint Co., Ltd.


Chaovisit family


Principaux dossiers


  • Advised major landowner and landlord in Thailand’s real estate space on the leasing of a large parcel of land on Bangkok’s Sukhumvit Road.
  • Advising an educational establishment located in Phuket on the structuring of a business transfer (EBT) transaction.

Tilleke & Gibbins

Tilleke & Gibbins assists clients operating in an array of sectors, from manufacturing to hospitality, with transactional documentation, development projects, construction disputes, land due diligence and lease agreements. Chaiwat Keratisuthisathorn leads the team which benefits from his extensive experience in the acquisition and development of real estate assets. Cynthia Pornavalai is a key port of call for real estate developers, manufacturers and hospitality companies, while Supranee Arjjit has a strong following of international and domestic real estate investors.

Responsables de la pratique:

Chaiwat Keratisuthisathorn


Autres avocats clés:

Cynthia Pornavalai; Supranee Arjjit


Les références

‘Very responsive and practical.’

Principaux clients

Ananda Development PCL


CMA CGM Inland Services (Thailand) Limited


Fabrinet


Gensler


JC Kelvin Development


King Furniture


Marriott International


PTT Tank Terminal


Scania Siam Co., Ltd.


True Corporation


Principaux dossiers


  • Assisting a real estate development company and a group of international investors with a series of real estate acquisitions and development projects on a popular island destination in Thailand.
  • Advised the Tawana Hotelon on its ongoing rebranding under the IHG Hotels & Resorts umbrella, which has entailed handling and negotiating a complex Hotel Management Agreement and other ancillary agreements i.e., Technical Service Agreement and Hotel Licensing Agreement with IHG.
  • Advised the Thai subsidiary of an automotive parts manufacturer on its entrance into a 10-year leasehold agreement over a 130,000 sq. m. plot of land with a building in the Eastern Seaboard Industrial Estate in Rayong, Thailand.

Chandler Mori Hamada Limited

Described by clients as the ‘best team for REIT‘ transactions, Chandler Mori Hamada Limited excels in property investment and development matters. The group is jointly led by Tananan Thammakiat, who specialises in REIT and real estate M&A transactions, Susumu Hanawa, whose expertise lies in real estate funds and finance, Koonlacha Charungkit-anant, who excels in matters involving licensing and permitting issues, Seiji Akimoto and Pranee Klinratana.

Responsables de la pratique:

Tananan Thammakiat; Susumu Hanawa; Seiji Akimoto; Pranee Klinratana; Koonlacha Charungkit-anant


Autres avocats clés:

Nathee Silacharoen


Les références

‘The team has strong capabilities in the real estate sector in Thailand as well as in-depth knowledge of the capital markets to advise clients efficiently. The collaboration within their teams is seamless and well-coordinated.’

‘Tananan Thammakiat has invaluable experience in the real estate sector with good client engagement. They are extremely hardworking and adhere strictly even to very tight deadlines during a deal process. Her team takes the initiative to offer innovative solutions to clients.’

‘The team that assisted us in many projects and is very attentive to our company’s work. Their flexibility when working with us made everything go smoothly.’

Principaux clients

CapitaLand


GS E&C Development (Thailand) Limited


INET Leasehold Real Estate Investment Trust (INETREIT)


KTBST Mixed Freehold and Leasehold Real Estate Investment Trust


N.C.C. Management and Development Co., Ltd.


Prospect Logistics and Industrial Leasehold Real Estate Investment Trust


Sotetsu Real Estate Co., Ltd.


Tokyo Tatemono Asia Pte. Ltd.


WHA Industrial Leasehold Real Estate Investment Trust (WHAIR)


Principaux dossiers


  • Acting for INET in its first capital increase for the purpose of additional asset acquisition in the INET-IDC3 project.
  • Acted for GS E&C Development (Thailand) Limited in its joint venture with Major Development PLC in a large condominium project in Bangkok (Maru Chula).
  • Advised CapitaLand on a joint venture with Pruksa Holding PCL, known as Omega Logistic Campus Company Limited (OLC), to develop a smart logistics warehouse project in Samut Prakarn province.

DFDL Legal & Tax

Drawing on its expertise in infrastructure, residential and commercial real estate projects, DFDL Legal & Tax specialises in all aspects of turn-key real estate projects. The practice is jointly led by Paul Volodarsky and Guillaume Massin. Volodarksy brings a wealth of experience in real estate investments, agreements and hotel management issues, while Massin has led on several major projects in the real estate and agriculture segments.

Responsables de la pratique:

Paul Volodarsky; Guillaume Massin


Principaux clients

Soho House


Prima Asset Management Pte. Ltd.


Ally Logistic Property Co., Ltd


InterContinental Hotels Group (IHG)


Ericsson (Thailand) Limited


H World Holdings Singapore


Principaux dossiers


  • Advised Soho House on the establishment of its subsidiary in Thailand, negotiating and reviewing the design contracts, land and building lease agreement.
  • Advised Prima Asset Management on the acquisition of projects.
  • Assisted Ally Logistic Property with a joint venture with CapitaLand Investment and Thailand’s Pruksa Holding PCL.

SCL Nishimura & Asahi Ltd

Regularly acting for large domestic and international corporations, SCL Nishimura & Asahi Ltd often performs large-scale due diligence relating to the construction of factories, plants and commercial buildings. Practice head Thiti Homjabok is a key port of call for large wholesale and retail operators in Thailand seeking to expand their operations via land acquisitions. Chavalit Uttasart boasts dispute resolution expertise.

Responsables de la pratique:

Thiti Homjabok


Autres avocats clés:

Chavalit Uttasart


Principaux clients

CP Axtra PCL


Principaux dossiers


  • Advising CP Axtra PCL (formerly Siam Makro) on the opening of new stores in many locations in the greater Bangkok area and elsewhere across Thailand.
  • Advised a family of prominent individuals whose long-term lease with a counterparty had run its course, and who wished to repossess a high-value plot of land and 28 buildings in the Bangkok CBD area.
  • Advising a residential project developer on compliance and license issues relating to a residential project.

Siam Premier International Law Office Limited

Property finance, acquisitions, and development are a few of the matters Siam Premier International Law Office Limited‘s real estate and construction group is regularly tasked with. Practice head Chatchavej Chitvarakorn is a key point of contact for global hotels and property dealers in relation to large-scale hotel transactions. Rawat Chomsri is singled out for his extensive energy and aviation expertise, while Ajjima Kanokmaneechotikul is noted for her extensive experience in foreign investments, real estate and construction matters.

Responsables de la pratique:

Chatchavej Chitvarakorn


Autres avocats clés:

Rawat Chomsri; Ajjima Kanokmaneechotikul


Principaux clients

Minor International PCL


ESR New Investment Limited


Principaux dossiers