REAL ESTATE INVESTMENT TRUSTS (REITs)
PRACTICE
Charin & Partners has carved a niche as a preeminent player in Thailand’s burgeoning Real Estate Investment Trusts (REITs) market, including REITs Buy-Back and Private REITs. Our unwavering dedication and extensive experience position us as a trusted advisor, meticulously guiding clients through the complexities of this dynamic investment landscape, both in Thai and overseas asset classes.
EXPERIENCE
THAT PAVES THE WAY
In-depth Industry Knowledge: Our expertise extends to a comprehensive spectrum of asset categories, including retail, office, factories, residences, hotels, and hospitality properties in addition to more niche and specialized classes such as liquid chemical storage tanks and pipes, wharf and other utilities, encompassing the entirety of Thailand’s vast real estate landscape.
BEYOND
ESTABLISHMENT
Charin & Partners’ commitment extends far beyond the initial stages of REITs formation. We offer unwavering support for capital increases, asset acquisitions, and other strategic initiatives, ensuring our clients navigate the market with confidence and unwavering success. Our proactive approach and deep understanding of the ever-evolving regulatory landscape empower us to anticipate challenges and devise effective solutions, safeguarding our clients’ interests at every turn.
PROVEN TRACK
RECORD OF
SUCCESS:
Charin & Partners takes immense pride in its successful representation of esteemed clients in landmark REITs transactions, including:
PRACTICE
Charin & Partners has carved a niche as a preeminent player in Thailand’s burgeoning Real Estate Investment Trusts (REITs) market, including REITs Buy-Back and Private REITs. Our unwavering dedication and extensive experience position us as a trusted advisor, meticulously guiding clients through the complexities of this dynamic investment landscape, both in Thai and overseas asset classes.
EXPERIENCE
THAT PAVES THE WAY
Pioneering Presence: Since the nascent stages of Thailand’s REITs market, we have
actively participated in shaping its growth, fostering numerous primary listings, secondary
fund raisings, and property fund conversions into REITs.
Unparalleled Representation: Our team boasts a distinguished track record of successfully representing a diverse clientele, encompassing sponsors, asset owners, fund managers, financial advisors, REIT managers and trustees, across the entire REITs lifecycle — giving us a deep understanding of the requirements and limitations from every perspective. This allows us to create perfectly structured transactions.
Unparalleled Representation: Our team boasts a distinguished track record of successfully representing a diverse clientele, encompassing sponsors, asset owners, fund managers, financial advisors, REIT managers and trustees, across the entire REITs lifecycle — giving us a deep understanding of the requirements and limitations from every perspective. This allows us to create perfectly structured transactions.
In-depth Industry Knowledge: Our expertise extends to a comprehensive spectrum of asset categories, including retail, office, factories, residences, hotels, and hospitality properties in addition to more niche and specialized classes such as liquid chemical storage tanks and pipes, wharf and other utilities, encompassing the entirety of Thailand’s vast real estate landscape.
BEYOND
ESTABLISHMENT
Charin & Partners’ commitment extends far beyond the initial stages of REITs formation. We offer unwavering support for capital increases, asset acquisitions, and other strategic initiatives, ensuring our clients navigate the market with confidence and unwavering success. Our proactive approach and deep understanding of the ever-evolving regulatory landscape empower us to anticipate challenges and devise effective solutions, safeguarding our clients’ interests at every turn.
PROVEN TRACK
RECORD OF
SUCCESS:
Charin & Partners takes immense pride in its successful representation of esteemed clients in landmark REITs transactions, including:
- AIM Industrial Growth Freehold and Leasehold Real Estate Investment Trust (AIMIRT)
- Dusit Thani Freehold and Leasehold Real Estate Investment Trust (DREIT)
- Frasers Property Thailand Industrial Freehold & Leasehold REIT (FTREIT)
- Grande Hospitality Real Estate Investment Trust (GAHREIT)
- Hemaraj Leasehold Real Estate Investment Trust (HREIT)
- HYDROGEN Freehold and Leasehold Real Estate Investment Trust (HYDROGEN)
- Prime Office Property Fund (POPF)
- Sub Sri Thai Real Estate Investment Trust (SSTRT)
- WHA Premium Growth Freehold and Leasehold Real Estate Investment Trust (WHART)
- AIM Commercial Growth Freehold and Leasehold Real Estate Investment Trust (AIMCG)
- DTP Hospitality Freehold and Leasehold Real Estate Investment Trust with Buy-Back Condition (DTPHREIT)
- GLAND Office Leasehold Real Estate Investment Trust (GLANDRT)
- Sri Panwa Hospitality Real Estate Investment Trust (SRIPANWA)
MERGERS & ACQUISITIONS
PRACTICE
HALLMARKS OF EXCELLENCE:
PROVEN TRACK
RECORD OF SUCCESS:
Charin & Partners boasts a distinguished track record of success across a diverse array of high-value M&A projects, including:
CLIENT TESTIMONIALS
MERGERS AND ACQUISITIONS
‘In Corporate Law, Charin &Partners has demonstrated exceptional proficiency in navigating complex mergers and acquisitions and corporate restructuring. Their strategic approach and thorough understanding of regulatory landscapes have been instrumental in ensuring smooth transactions and mitigating risks of investment.’
‘From my experiences with many M&A transactions with Charin & Partners, I can see a strong team of lawyer with prompt support, solution providing, negotiating in critical situations and providing reasonable service fees.’
‘Charin & Partners’ team have a commercial view on the transaction, not only a legal opinion, helping us work comfortably even in tough situations.’
PRACTICE
Charin & Partners is for its comprehensive expertise in navigating complex Mergers & Acquisitions (M&A) and corporate transactions. Our distinguished team offers unparalleled counsel to a diverse clientele, encompassing both domestic and cross-border transactions, including the ASEAN Economic Community (AEC) region. We are perpetually committed to providing our esteemed clients with astute strategic guidance and meticulously tailored solutions to ensure the effective realization of their M&A objectives.
Our team of accomplished legal professionals possesses a profound understanding of the intricacies of the Thai legal landscape, coupled with extensive experience in cross-border transactions. We are steadfastly committed to providing our esteemed clients with astute strategic guidance and meticulously tailored solutions to ensure the effective realization of their M&A objectives.
Our team of accomplished legal professionals possesses a profound understanding of the intricacies of the Thai legal landscape, coupled with extensive experience in cross-border transactions. We are steadfastly committed to providing our esteemed clients with astute strategic guidance and meticulously tailored solutions to ensure the effective realization of their M&A objectives.
HALLMARKS OF EXCELLENCE:
- Unparalleled Transactional Acumen: We possess a demonstrably successful track record in spearheading intricate M&A transactions across a broad spectrum of industries, including real estate, power plants, and infrastructure projects.
- Astute Problem-Solving: Our adept legal team is well-equipped to address multifaceted legal challenges and craft ingenious solutions to facilitate the seamless execution of even the most intricate transactions.
-
Holistic Client Representation: We provide a comprehensive suite of legal services to both listed and private companies throughout the entire M&A lifecycle, including:
- Share and business acquisitions & divestitures
- Joint ventures and strategic alliances
- Takeovers and mergers
- Corporate reorganizations and restructurings
- Capital restructuring and financial transactions
- Private equity investments
- Transactional related matters
PROVEN TRACK
RECORD OF SUCCESS:
Charin & Partners boasts a distinguished track record of success across a diverse array of high-value M&A projects, including:
- Successfully advised client on the complex acquisition of a 17-hotel portfolio encompassing 4,000 rooms across the United Kingdom, encompassing intricate financing strategies through debt capital markets and collaborations with leading UK financial institutions.
- Provided comprehensive legal counsel to a Thai listed company in establishing a novel bio-ethanol production company in Thailand. Our services encompassed the negotiation and execution of licensing agreements, patent acquisition, and the formation of a strategic joint venture.
- Acted as legal counsel for a Thai listed company on the formation of transformative joint ventures for establishing a state-of-the-art data center and a cutting-edge robotics & automation business within Thailand.
- Offered strategic legal guidance to a client on the acquisition of various properties, including a prestigious harbor view residence project and a prominent property development company specializing in condominiums and hotels.
- Served as legal counsel for a private equity trust for the strategic acquisition of shares in a leading nursing home and rehabilitation business, alongside a prominent multimedia & advertising company.
CLIENT TESTIMONIALS
MERGERS AND ACQUISITIONS
‘In Corporate Law, Charin &Partners has demonstrated exceptional proficiency in navigating complex mergers and acquisitions and corporate restructuring. Their strategic approach and thorough understanding of regulatory landscapes have been instrumental in ensuring smooth transactions and mitigating risks of investment.’
‘From my experiences with many M&A transactions with Charin & Partners, I can see a strong team of lawyer with prompt support, solution providing, negotiating in critical situations and providing reasonable service fees.’
‘Charin & Partners’ team have a commercial view on the transaction, not only a legal opinion, helping us work comfortably even in tough situations.’
BANKING & FINANCE
PRACTICE
LENDING & BORROWING
SALE OF
NON-PERFORMING LOANS
We also have experience and expertise in the process of selling non-performing loans. We have represented banks and financial institutions in selling their non-performing loans through a competitive bidding process.
CLIENT TESTIMONIALS
BANKING AND FINANCE
‘Charin & Partner stands out due to exceptional team of professionals, deep expertise in financial law, and unique, family-oriented approach to client relationships. They are dedicated to providing top-notch legal services with a personal touch, ensuring that clients feel supported and valued throughout their legal journey.’
PRACTICE
LENDING & BORROWING
Charin & Partners advises clients on various banking and financial transactions, ranging from plain vanilla lendings/borrowings to more complicated project and structured financing. Our in-depth understanding of various industries, including real estates, manufacturing, power and infrastructure, also enables us to be proficient in both commercial and practicality of the businesses thus allows us to provide legal advice to both borrowers and lenders more effectively and efficaciously. Our clients include private and public listed companies and REITs.
SALE OF
NON-PERFORMING LOANS
We also have experience and expertise in the process of selling non-performing loans. We have represented banks and financial institutions in selling their non-performing loans through a competitive bidding process.
CLIENT TESTIMONIALS
BANKING AND FINANCE
‘Charin & Partner stands out due to exceptional team of professionals, deep expertise in financial law, and unique, family-oriented approach to client relationships. They are dedicated to providing top-notch legal services with a personal touch, ensuring that clients feel supported and valued throughout their legal journey.’
REAL ESTATE & PROJECT DEVELOPMENT
PRACTICE
COMPREHENSIVE
SCOPE OF SERVICES:
PROVEN TRACK
RECORD OF SUCCESS:
Charin & Partners boasts a distinguished track record of success across a diverse array of real estate development projects, including:
CLIENT TESTIMONIALS
REAL ESTATE &
PROJECT DEVELOPMENT
‘Their team’s in-depth knowledge and experience in these areas, coupled with their practical approach, make them a trusted advisor for us seeking to navigate complex real estate transactions.’
‘When there is no precedent case, the idea must be tested all along since the beginning to structure a legal and practical approach. This involves multi-layer of approval from state agents, a number of stakeholders and time-consuming process. Charin & Partners not only give us legal advice but also working with us in presenting and negotiating with third parties to make necessary progress.’
PRACTICE
Leveraging its comprehensive understanding of the legal landscape, Charin & Partners offers unparalleled counsel throughout the entire spectrum of single or mixed-use real estate project development. This encompasses hotels, offices, retail spaces, condominiums, residential areas, and healthcare facilities. Our adept team, armed with extensive experience, guides your vision seamlessly from its inception to a successful culmination. This expertise extends to pioneering groundbreaking developments and revitalizing existing projects, all while ensuring unwavering adherence to regulatory requirements.
COMPREHENSIVE
SCOPE OF SERVICES:
- Master Plan Design & Feasibility: We provide strategic guidance on project structuring, zoning regulations, land use permits, and environmental impact assessments, ensuring your project aligns seamlessly with local and national statutes.
- Permits & Licenses: Our team expertly navigates the complexities of acquiring all essential permits and licenses required for construction and ongoing operations.
- Construction Contracts: Charin & Partners drafts, meticulously reviews, and negotiates construction contracts, safeguarding your interests and fostering clear expectations with builders.
- End-User Contracts: Whether you are structuring sales or lease agreements, we help craft watertight contracts with buyers or tenants, meticulously protecting your rights.
- Joint Ventures & Partnerships: We offer expert guidance on establishing joint ventures and negotiating strategic partnerships for multifaceted projects.
- Investment Exit Strategies: Leveraging our deep-seated expertise in Real Estate Investment Trusts (REITs), we provide comprehensive counsel on a range of strategic options for project divestment, guaranteeing a successful conclusion for your investment.
PROVEN TRACK
RECORD OF SUCCESS:
Charin & Partners boasts a distinguished track record of success across a diverse array of real estate development projects, including:
- Elderly Nursing Project: We served as legal counsel to a client on legal aspects of their elderly nursing condominium project.
- Healthcare Estates: We meticulously guided a client on the development of a pioneering smart healthcare estate, seamlessly integrating smart city and smart service technologies. Our comprehensive services encompassed advising on the master plan, the negotiation with a suitable joint-venture partner, and the formulation of a successful investment exit strategy.
- Residential Developments: We adeptly assisted a landowner in forming a strategic joint venture to develop housing projects for sale.
- Solar Energy Project: We advised clients on solar energy project, including preparation of Engineering, Procurement and Construction Agreement and Operation and Maintenance Agreement.
CLIENT TESTIMONIALS
REAL ESTATE &
PROJECT DEVELOPMENT
‘Their team’s in-depth knowledge and experience in these areas, coupled with their practical approach, make them a trusted advisor for us seeking to navigate complex real estate transactions.’
‘When there is no precedent case, the idea must be tested all along since the beginning to structure a legal and practical approach. This involves multi-layer of approval from state agents, a number of stakeholders and time-consuming process. Charin & Partners not only give us legal advice but also working with us in presenting and negotiating with third parties to make necessary progress.’
CAPITAL MARKETS
PRACTICE
UNPARALLELED EXPERTISE:
NAVIGATING COMPLEXITIES
WITH CONFIDENCE:
TAILORED SOLUTIONS FOR YOUR
CAPITAL MARKETS NEEDS:
CLIENT TESTIMONIALS
CAPITAL MARKETS
‘The deep understandings in not only principles of Capital Market and M&A laws, but also client’s needs always allow Charin & Partners’ team to have better for all stakeholders, yet still legitimate and reasonable. Reliable service also covers on the high standard work quality even in very challenging situations.’
‘We work mostly on, but not limited to, debt capital market area. Charin & Partners understands my firm’s information and requirement very well, and can turnaround in timing unimaginable with great accuracy and prudence.’
‘From working with K.Charin and Team for more than decade, and for more than 20 deals, the key differences I have observed would be reliable and practical advice, and the deep understanding in not only principles of Capital Market and M&A law, but also the client needs.’
‘From our experiences, the key strength of Charin & Partners is an in-depth knowledge and long-time expertise in capital markets.’
PRACTICE
Charin & Partners provide sophisticated legal counsel to a distinguished clientele across the entire spectrum of capital markets transactions.
UNPARALLELED EXPERTISE:
Our team of seasoned legal professionals possesses unparalleled expertise in a comprehensive range of capital markets matters, including:
- Debt equity and hybrid securities offerings
- Initial public offerings (IPOs) and subsequent offerings
- Private placements and rights offerings
- The structuring and establishment of private equity trusts
NAVIGATING COMPLEXITIES
WITH CONFIDENCE:
Our lawyers leverage their profound understanding of Thai and international capital markets regulations, corporate governance principles, and complex financial instruments. We guide clients through all stages of a transaction with meticulous attention to detail, ensuring:
- Strategic structuring of transactions
- Meticulous drafting and negotiation of transaction documents
- Efficient regulatory approvals procedures
- Strict and seamless compliance adherence
- Legal support at all stages of the transaction lifecycle
TAILORED SOLUTIONS FOR YOUR
CAPITAL MARKETS NEEDS:
At Charin & Partners, our far-reaching expertise and decades of experience permits us to adopt a bespoke approach to each transaction, considering in full the unique aspects of each and every instruction. We are committed to providing our clients with tailored solutions, clear and concise communication, and strategic guidance throughout the entire process.
CLIENT TESTIMONIALS
CAPITAL MARKETS
‘The deep understandings in not only principles of Capital Market and M&A laws, but also client’s needs always allow Charin & Partners’ team to have better for all stakeholders, yet still legitimate and reasonable. Reliable service also covers on the high standard work quality even in very challenging situations.’
‘We work mostly on, but not limited to, debt capital market area. Charin & Partners understands my firm’s information and requirement very well, and can turnaround in timing unimaginable with great accuracy and prudence.’
‘From working with K.Charin and Team for more than decade, and for more than 20 deals, the key differences I have observed would be reliable and practical advice, and the deep understanding in not only principles of Capital Market and M&A law, but also the client needs.’
‘From our experiences, the key strength of Charin & Partners is an in-depth knowledge and long-time expertise in capital markets.’
PRIVATE WEALTH
Aiming to assist our clients in preserving and growing their current wealth for today and future generations, Charin has been advising high net-worth individuals and families relating to asset management, protection, succession and estate planning across generations.
Particularly, drawing on diverse expertise across the firm practices, Charin has advised our clients on establishing holding companies for assets planning (both real estates and shares), preparing wills and family constitutions and assisting on the inauguration of family office.
Particularly, drawing on diverse expertise across the firm practices, Charin has advised our clients on establishing holding companies for assets planning (both real estates and shares), preparing wills and family constitutions and assisting on the inauguration of family office.
ESTABLISHING REITS MANAGEMENT COMPANIES
Streamlining the Path to REIT Success
TAILORED SOLUTIONS
FOR YOUR UNIQUE NEEDS:
NAVIGATING REGULATORY
COMPLEXITIES WITH CONFIDENCE:
PROVEN TRACK
RECORD OF SUCCESS:
Charin & Partners has a distinguished history of successfully guiding the establishment of numerous reputable REIT Management Companies, including:
CLIENT TESTIMONIALS
REITs
‘In the realm of property investment, their team has shown remarkable skill in protecting any risk from investment. They have successfully managed Initial Public Offering filings, property registrations, and trademark litigation, providing us with robust benefits for my property investment activities.’
‘Charin & Partners is the most experienced law firm in Thai Capital Market deals, especially real estate related areas.’
‘Based on their thorough legal due diligence and practical guidelines for REIT transactions, we as the asset / REIT management company can deliberately execute the transactions in a timely manner in accordance with SEC regulation.’
‘Mr. Charin Satchayan and Ms. Benjaporn Puttinan are lawyers whom we highly recommend for the REIT transactions.’
‘The team covers not only the relevant legal matters in the capital market rules & regulations but also related real estate & property laws with advice, creating a complete end-to-end thinking process.’
Streamlining the Path to REIT Success
Charin & Partners offers unparalleled expertise in guiding clients through the establishment of Real Estate Investment Trust (REIT) Management Companies. Our comprehensive services and deep understanding of the Thai legal and regulatory landscape ensure a smooth and successful journey for the Client’s vision.
TAILORED SOLUTIONS
FOR YOUR UNIQUE NEEDS:
- Strategic Structuring: We collaborate with you to select the optimal legal structure for your REITs Management Company, meticulously considering your business objectives and ensuring strict adherence to relevant regulations.
- Expert Application Preparation: Our seasoned team meticulously crafts a compelling application for the Securities and Exchange Commission (SEC) approval, ensuring all necessary documentations and justifications are meticulously addressed.
NAVIGATING REGULATORY
COMPLEXITIES WITH CONFIDENCE:
- In-Depth Regulatory Guidance: We provide comprehensive explanations of the intricate laws and regulations governing REIT Management Companies, fostering a thorough understanding and mitigating potential risks associated with non-compliance.
- Confident SEC Interview Preparation: Through comprehensive preparation sessions, we equip your team with the necessary knowledge and composure to confidently navigate the SEC interview and effectively demonstrate your commitment to responsible management practices.
PROVEN TRACK
RECORD OF SUCCESS:
Charin & Partners has a distinguished history of successfully guiding the establishment of numerous reputable REIT Management Companies, including:
- B&G REIT Management Company Limited
- Charn Issara REIT Management Company Limited (CIRM)
- Dusit Thani Properties REIT Company Limited (DTPR)
- GLAND REIT Management Company Limited (GLANDRM)
- K.E. REIT Management Company Limited (K.E.RM)
- SST REIT Management Company Limited (SSTRM)
- DTP Global REITs Management Limited
- TFD Real Estate Management Company Limited
CLIENT TESTIMONIALS
REITs
‘In the realm of property investment, their team has shown remarkable skill in protecting any risk from investment. They have successfully managed Initial Public Offering filings, property registrations, and trademark litigation, providing us with robust benefits for my property investment activities.’
‘Charin & Partners is the most experienced law firm in Thai Capital Market deals, especially real estate related areas.’
‘Based on their thorough legal due diligence and practical guidelines for REIT transactions, we as the asset / REIT management company can deliberately execute the transactions in a timely manner in accordance with SEC regulation.’
‘Mr. Charin Satchayan and Ms. Benjaporn Puttinan are lawyers whom we highly recommend for the REIT transactions.’
‘The team covers not only the relevant legal matters in the capital market rules & regulations but also related real estate & property laws with advice, creating a complete end-to-end thinking process.’