Michael joined Greenwood Roche in 2019 after gaining a range of experience in full service firms.
Michael has broad experience in commercial property transactions and leasing, property acquisition and disposal, development and subdivisions.
In 2020 and 2021 Greenwood Roche has advised on the acquisition by overseas investors of two separate hotel businesses, advising on sale and purchase terms for the land and business and application of the overseas investment rules, conducting due diligence, drafting and advising on management contracts, advising on liquor licensing, advising on transitional hand-over arrangements and generally arranging for completion of the transactions to occur with minimal disruption to the business.
Our work here builds on significant experience across different team members’ work on previous hotel transactions, including large international hotel chains throughout New Zealand.
As a long-standing legal provider for Beca, Greenwood Roche recently led negotiations between Beca and Precinct Properties for the relocation of Beca House (Beca’s Auckland Office and Global Headquarters) to a new 14,000m² office premises as the anchor tenant in Precinct Properties’ latest development at 126 Halsey Street, Wynyard Quarter.
These negotiations continued our involvement in the project, working alongside Beca and Colliers to develop a market engagement strategy and assessing options that helped secure a better, faster and more efficient transaction.
Don Lyon, Chief Strategy & Operations Officer at Beca: “[The team at Greenwood Roche was] practical, collaborative and constructive, which on a complex deal with short timeframes, assisted greatly to reach agreement, on terms acceptable to its Board. Greenwood Roche were instrumental in developing a robust commercial strategy, then helping us negotiate a comprehensive and detailed Heads of Terms, that enabled us to discuss and resolve all major issues with the prospective landlord at the earliest possible time, giving confidence to our Board and significantly accelerating subsequent negotiations, once we progressed to a full Development Agreement, Agreement to Lease and Lease.”
A key focus for both Beca and Precinct was the performance of the building, including sustainability initiatives. The new building is designed to achieve a 6-star Green Star rating and a 5-star NABERSNZ rating.
The Greenwood Roche team was led by Barry Walker (Partner), Michael Bennett (Associate) and Ben Petersen (Lawyer), with specialist input from others within the firm.
The transaction was concluded swiftly and maintained programme for the project thanks to the collective efforts of Beca, Greenwood Roche, Colliers, Precinct Properties and Russell McVeagh.
Associate, Greenwood Roche 2021 –
Lawyer, Greenwood Roche 2019 – 2021
Solicitor, Martelli McKegg 2018 – 2019
Law Clerk/Solicitor, Cruickshank Pryde 2016 – 2018
LLB, BSc (Otago)
DDI: +64 9 306 0524
Mobile: +64 21 024 02633
Michael is primarily based in Auckland.
Physical: Hayman Kronfeld Building
15 Galway Street Auckland 1010
Mail: PO Box 106006
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