Pace Development Corporation Public Company Limited’s Acquisition of Apollo Stake in MahaNakhon project


Hunton Andrews Kurth LLP advised Apollo Global Management, LLC (NYSE: APO) in the divestment of equity stakes in MahaNakhon project to Pace Development Corporation Public Company Limited

The transactions closed on April 10, 2018.

The iconic MahaNakhon project, situated in the Silom district of Bangkok, includes a mixed-use skyscraper more than 314 meters tall—Thailand’s tallest—and the nearby MahaNakhon Cube building, and houses luxury residences known as The Ritz-Carlton Residences, a hotel to be known as the Bangkok EDITION, an observation deck, and restaurants and retail stores including Dean and Deluca.

Hunton AK lawyers resident in Bangkok are active in many jurisdictions in Southeast Asia having advised on hotel and resort projects, commercial real estate projects, and infrastructure projects, among other things. The team was led by Edward Koehler (Picture) with day-to-day coordination provided by James Bradley, together with associates Peter Y. Bang, Peerasanti Somritutai, and Jitranut Narkmai, and junior lawyer Thaphanut Vimolkej.

Involved fees earner: Edward Koehler – Hunton Andrew Kurth; James Bradley – Hunton Andrew Kurth; Peter Bang – Hunton Andrew Kurth; Peerasanti Somritutai – Hunton Andrew Kurth; Jitranut Narkmai – Hunton Andrew Kurth;

Law Firms: Hunton Andrew Kurth;

Clients: Apollo Global Management;