Real Estate and Construction
Frasers’ expertise in the real estate sector attracts major international property development companies, investment funds, foreign-invested enterprises, and foreign companies, as well as state-owned enterprises. Our team has in-depth knowledge of the complexities of the local market, as well as an incisive understanding of our clients’ businesses as they are today and as they envisage them in the future. Our expertise is emphasised by the wide range of ‘landmark’ matters which we have acted on for key international and local players investing in Vietnam’s real estate sector.
We provide innovative and practical legal advice to a broad range of real estate industry participants, in all types of real estate transactions including mergers and acquisitions; hotel and resort developments; investments; financing; construction; development; dispute resolution. Our clients are involved in the major property developments taking place in Vietnam and include developers, major international corporations, investment funds, foreign-invested enterprises, lenders and foreign companies, and state-owned enterprises.
A sampling of our highlight matters in this area includes:
- Acting for our client in relation to the establishment of a real estate company in Vietnam, including the advice on (i) nominee structure, (ii) structure to contribute land use right as the capital contribution, (iii) conversion loan structure, (iv) approaches to enforce the conversion loan, e.g., pre-sign documents, inheritance, etc.
- Acting for a Japanese trading house in relation to its proposed entry into a large-scale joint venture with a Vietnamese partner, in the logistics and warehousing sector.
- Acting as Vietnam counsel to a manufacturer from Singapore in relation to its establishment of a manufacturing factory in Vietnam. We provide comprehensive Vietnam law advice and assistance in relation to all aspects necessary for the establishment of a factory in Vietnam, including the required application preparation, the client's acquisition of a land piece for their factory, etc.
- Acting for high-profile Japanese co-investors to provide them with comprehensive Vietnam law advice and assistance in relation to all key aspects of their development and construction of a sophisticated and cutting-edge warehouse facility in Ho Chi Minh City, Vietnam.
- Acting as Vietnam counsel to a leading property development company in relation to all of the key Vietnam law aspects of its development of a USD4 billion, 985.5-hectare casino, hotel, and leisure development, located in Quang Nam province, Vietnam.
- Advising our client who operates in office and housing rental activities, construction, and installation work in relation to the development of 150 to 200-key suites potentially managed by a British multinational hospitality company.
- Advising one of the largest hospitality companies in the world on a management agreement between the client and a major Hanoi-based State-owned enterprise operating in the tourism sector.
- Review of hotel management and licence agreements for our client who is the developer of Vietnam's pre-eminent luxurious integrated resort located in Hoi An, Quang Nam.
- Advising an international commercial bank on a highly sophisticated matter to review the sale and purchase agreements of five different property developers and considering the ability to take security over the rights under the sale and purchase arrangements.
- Advising our client who is the developer of a group of integrated resorts and residential developments located on more than 160 hectares of land along 2.2 kilometers of pristine beach in Ho Tram, Ba Ria–Vung Tau, Vietnam in relation to their loan facility agreement and mortgage agreement.