Property
The Property Team is unquestionably the best property legal services provider in New Zealand. Russell McVeagh has the largest property practice in the country, with unequalled depth and breadth of property experience. We are known for facilitating transactions whilst ensuring the protection of our client's interests.
The Property Team's practice covers the entire range of commercial property work including:
- the acquisition, development and disposal of:
- major retail and industrial assets. A principal focus of the Team is on the acquisition and development of regional shopping centres throughout New Zealand, including acting for owners, managers and anchor tenants in shopping centre developments.
- hotels and tourism. The team provides comprehensive advice on all aspects of hotel development, management and tourism related projects. This includes advice on ownership structuring, body corporate and management issues, hotel management and lease agreements and establishment, structuring and sell down of major tourism projects.
- commercial office towers. The Team's extensive involvement includes acting for developers, investors, contractors and anchor tenants.
- marinas. The Team's experience in marina developments is unparalleled and has included the Westhaven and Bayswater marina developments, among others.
- multi-unit residential developments.
- all aspects of commercial leasing;
- the acquisition, sale and management of Forestry;
- joint venture projects;
- major subdivisions; and
- foreign investment in New Zealand.
Construction projects and contracts (for infrastructure projects and traditional construction) are also a key focus of the team.
Within the Team is a group dedicated to processing bulk conveyancing on behalf of corporate and development based clients.
Recent examples of the Property Team's work include representing:
- Hancock Natural Resource Group on its acquisition of approximately 200,000 hectares of forestry estates from Carter Holt Harvey.
- Williams Capital Limited on the development of a specialist property development fund.
- Macquarie Goodman on the acquisition of portfolio of properties from Macquarie Goodman Group, and associated capital raising.
- Multiplex on the drafting of the development agreement and lease for Bank of New Zealand Auckland head quarters.
- AMP Capital on the acquisition of a 50% share in Bayfair Shopping Centre, Tauranga and of the Palms Shopping Centre, Christchurch.
- Melview on ongoing instructions in connection with the development of 13 hotels and apartment/ residential buildings at Kawarau Falls Station, Queenstown.
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