Property, real estate & construction

Property & real estate

Proven track record advising on New Zealand’s most significant property transactions

Our property and real estate lawyers are focused on successful outcomes for land and property developers, owners, operators, investors, contractors and occupiers. We provide complete advice in all areas related to land, real estate and construction.

We act for local and international investors and developers with substantial commercial portfolios in the private and public sectors, and as a cross-practice group, advise on the full spectrum of property and real estate work, including acquisition and disposal, regulatory processes and Cabinet directives, leases and licences and where necessary, dispute resolution.

See also Construction & Major Projects and Environment, Planning & Resource Management.

Ranked Tier One for real estate work by independent legal directories Legal 500 Asia Pacific 2016, Chambers Asia Pacific 2016 and AsiaLaw Profiles 2016

We have advised

  • the Auckland Waterfront Development Agency on all aspects of the Wynyard Central project – the largest commercial and residential development project in central Auckland – including negotiating extensive development arrangements with multiple developers including a proposed large international standard 5-star hotel on the site of the former Team New Zealand (America’s Cup) base, an Innovation Hub comprising approx. 50,000 sqm of office space, and a proposed residential development of approx. 80,000 sqm
  • The Warehouse Group:

    – in relation to its NZ$130m revamp of stores across New Zealand over a five year period

    – on its NZ$90m sale and leaseback on a ‘triple net basis’ of its high-tech 21.7ha North Island Distribution Centre to Accident Compensation Corporation (ACC)

    – on the NZ$60m construction, leasing and sale, for NZ$78m, of the Silverdale Shopping Centre in the Rodney district of North Auckland
  • China-based Shanghai Pengxin on its high profile purchase of a 74% holding in Synlait Farms, which own 12,000 hectares of dairy farms in Canterbury, South Island
  • Kiwi Income Property Trust on the c.NZ$100m sale of its office complex at 205 Queen St, Auckland, to Brisbane-based Bloomberg Incorporation Limited
  • the New Zealand Earthquake Commission (EQC) in relation to its commercial leasing throughout New Zealand including post- earthquake Christchurch premises and complex land related insurance analysis
  • Spark (formerly Telecom) on the construction and leasing of its offices at Victoria Square, Auckland (including advising in relation to the subsequent unit titling and subdivision)
  • Spark on the construction and leasing of its offices at Willis Street, Wellington
  • NZ Post (and numerous other organisations in both the public and private sectors) in relation to the seismic rating of properties owned or occupied by them, and their health and safety obligations relating to employees occupying buildings of less than 100% of the New Building Standard
  • Chorus New Zealand Limited on the development and fitting out of its head office in Wellington
  • Augusta Capital Limited on its merger with KCL and Bayleys' IPT (creating New Zealand's largest property syndicator); and its purchase of Building C, Telecom Place, 167 Victoria Street, Auckland, from Mansons for approximately NZ$65m
  • Grand Central NZ on their proposal to develop the former Grand Chancellor Hotel in Christchurch into mixed use premises
  • Precinct Properties on its purchase of No 1 Queen Street, Auckland – also known as the HSBC office tower – for NZ$103m
  • ANZ on property finance matters including significant development finance arrangements at Massey North, Auckland and Five Mile, Queenstown
  • overseas investors on the purchase of the ex BOSI debt secured against Kawarau Falls Station in Queenstown from PAG
  • Precinct Properties on its NZ$90m acquisition of Auckland Downtown shopping centre from Westfield
  • China-based Shanghai Pengxin on its high profile Overseas Investment Office (OIO) application in relation to its acquisition of 16 Crafar dairy farms from receiver KordaMentha
  • Awatere and Tramco Group on the significant retail and commercial acquisition of debt from NZPFP (ex BOS International) leading to the purchase (and sale) of development sites in Massey North and Tauranga
  • Todd Property on its acquisition of the NZ$150m Pegasus Town development, 25km north of Christchurch in the Waimakariri district, from receiver Grant Thornton; on its acquisition of a 75% interest in the Kapiti Landing development from Sir Noel Robinson; and in relation to the titles for the first 14 sections at its 160ha NZ$1b Long Bay housing estate adjacent to the Long Bay Regional Park on Auckland’s North Shore
  • Shanghai CRED in relation to its NZ$25m acquisition of the Carrington Resort on the Karikari peninsula, Northland
  • Ngāti Whātua Ōrākei on its significant and complex Treaty of Waitangi settlement. The team advised on negotiations with the Crown and the New Zealand Defence Force with respect to the acquisitions of a naval base in Devonport under the settlement and Fort Takapuna at the head of the Rangitoto Channel in the Hauraki Gulf
  • on the merger of NZSX listed Property For Industry (a listed PIE fund) and Direct Property Fund (a widely held but unlisted PIE Fund). This was the first merger of a listed and unlisted PIE in New Zealand, and created New Zealand’s largest listed industrial property fund
  • Spark on the deconstruction of 91 Hereford Street, Christchurch which included taking contractual steps to protect shared infrastructure associated with Spark’s main South Island exchange that provides telecommunications services to the entire South Island
  • NZ Transport Agency in respect of complex property and iwi issues arising out of its NZ$630m MacKays to Peka Peka roading project
  • the Earthquake Commission (EQC) in relation to its approach to complex land claims relating to more than 120,000 land claims arising from the Canterbury earthquakes
  • Powerco in relation to issues around the acquisition and construction of its new 110kV transmission line and substation in Piako
  • Addison Developments on 61 matters in the last 12 months including the sale of 22 commercial properties and 26 residential properties
  • Chorus New Zealand in relation to property aspects of its NZ$1.5b Ultra-Fast Broadband network
  • Argosy Property No.3 in relation to the NZ$19.2m disposal of the Manawatu Business Park subdivision

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