Kudun and Partners represented Damri Residence Co., Ltd., a project company sponsored by Areeya Property PCL, a public listed real estate developer on the Stock Exchange of Thailand with several successful high-value real estate projects in and around Bangkok, on two critical transactions for the development of the luxurious Soontareeya Residence in Bangkok’s Ratchaprasong area including a multiple assets-backed financing arrangement transaction.
The Soontareeya Project, a luxury flagship condominium development, is poised to be one of Areeya’s most prestigious projects to date and is expected to significantly drive Areeya’s post-COVID19 growth. Our representation of Areeya in the associated transactions is a crucial factor for the development of the Soontareeya Project.
The transactions were led by Saravut Krailadsiri, partner and co-head of tax practice and Peerasanti Somritutai, partner and head of real estate practice of the firm together with associates; Chavisa Jinanarong, Chayakorn Boonsri and Thanpitcha Rojanawiboonchai.
