Recent Projects
Recent projects
Acquisition of hotel businesses by overseas investors
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...
Recent Projects
Acquisition of hotel businesses by overseas investors
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.
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Macleans College land
Greenwood Roche assisted Hāpai Commercial Property Limited Partnership with the establishment of its partnership with Ngāi Tai ki Tāmaki Trust and the new entity’s acquisition of the 13 hectares of land under Macleans College in Bucklands Beach, Auckland in what has been reported as the largest Treaty-based school transfer...
Recent Projects
Macleans College land
Greenwood Roche assisted Hāpai Commercial Property Limited Partnership with the establishment of its partnership with Ngāi Tai ki Tāmaki Trust and the new entity’s acquisition of the 13 hectares of land under Macleans College in Bucklands Beach, Auckland in what has been reported as the largest Treaty-based school transfer.
Our work included advising on and implementing the joint venture structure, undertaking due diligence on the property, assisting with the financing of the transaction and settling the acquisition.
The acquisition was part of Ngāi Tai ki Tāmaki’s Deed of Settlement with the Crown, which was finalised in 2018, and included the leaseback of the land to the Ministry of Education.
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New Dunedin office for Accident Compensation Corporation
Ngāi Tahu and the Accident Compensation Corporation have announced the development of a new office complex in Dunedin...
Recent Projects
New Dunedin office for Accident Compensation Corporation
Ngāi Tahu and the Accident Compensation Corporation have announced the development of a new office complex in Dunedin.
Greenwood Roche lawyers Bob Roche and Sam Green recently assisted ACC with the development of a new office building in Dunedin through a 50/50 partnership with Ngāi Tahu.
The Dunedin hub is essential for ACC’s national operations and this purpose-built four-storey complex will house 650 staff who are currently spread across four separate buildings.
Construction of this modern and environmentally friendly building is set to start this year. The 8,000 square metre building will be located on Dowling Street.
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Ministry of Business, Innovation and Employment – New National Office Redevelopment
At over 20,000m2 of space, the redevelopment of a landmark Wellington building has provided the New Zealand Government’s largest Ministry with a substantial new National Office.
Greenwood Roche has successfully assisted the Ministry for Business, Innovation and Employment in the redevelopment and lease of MBIE’s new National Office premises in Wellington.
Greenwood Roche has continued to provide advice to MBIE throughout the course of the redevelopment, including assisting with the sale of the building to an NZX-listed property investment company during the project.
MBIE’s new National Office is one of a number of substantial redevelopment projects within Wellington on which Greenwood Roche has acted.
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New National Head Office for Transpower
Greenwood Roche represented Transpower New Zealand Limited in relation to the redevelopment and lease of Transpower’s future national head office at Boulcott Street, Wellington.
Transpower plans, builds, maintains and operates New Zealand’s high voltage electricity transmission network. The new premises will house around 500 staff and the 24/7 control room for the National Grid. At approximately 8,400m2, the Boulcott Street transaction is one of the largest commercial office leasing deals in New Zealand this year.
The Greenwood Roche team included partner John Greenwood and principal Doran Wyatt, both based in the firm’s Wellington office.
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New National Head Office for Ministry of Education
Greenwood Roche represented the Ministry of Education on the redevelopment and 15 year lease of the Ministry’s new national head office at 33 Bowen Street, Wellington.
At approximately 13,100m2, the Bowen Street transaction was a full building lease and one of the largest commercial office leasing deals in New Zealand for the year. Greenwood Roche assisted the Ministry on all aspects of the negotiation and documents for the transaction, which included substantial refurbishment works, a seismic upgrade for the building and an integrated fitout.
The Greenwood Roche team for the deal were partner Jeannie Warnock and principal Doran Wyatt, both based in Wellington.
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Redevelopment of 56 The Terrace, Wellington
Kiwi Income Property Trust, one of the country’s largest listed property investors, is undertaking a $67 million redevelopment of its property at 56 The Terrace, Wellington, for lease by the Ministry of Social Development.
We are advising Kiwi Income Property Trust on this project. Our work has included advising on the development agreement and the 18 year deed of lease with the Crown and preparing and advising on the construction contract for the development works.
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New Co-located Processing facility in Palmerston North
New Zealand Post has recently commenced operations at its new Manawatu Co-located Processing Facility.
Comprising over 7,000 square metres including a mail processing warehouse, staging interchange areas, and associated office accommodation (and a combined investment of over $10 million), the facility houses NZ Post’s mail processing functions for the entire lower North Island.
The facility is situated in the heart of Palmerston North’s main industrial area, and is strategically convenient to all major transport systems in the city (including the airport, state highways and rail network).
Greenwood Roche assisted NZ Post on the development, construction and leasing aspects of the facility. The development agreement provided for delivery of tenant works as a variation to the landlord's main contract and early engagement of the Main Contractor on a fixed margin open book basis. Both features enabled the project to be completed seamlessly to a tight schedule while maintaining the appropriate distribution of risk and responsibility between the parties.
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Watercare’s new head office
Watercare Services Limited is responsible for providing water and wastewater services to the greater Auckland region, and employs a large number of people across many different teams.
We acted for Watercare in relation to its new head office premises located in Newmarket, Auckland. This was a significant project, involving the negotiation of a comprehensive redevelopment agreement and subsequent deed of lease, and further extensive advice in relation to Watercare’s ability to terminate its existing tenancies at that time.
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Sale, redevelopment and leaseback of New Zealand Post House
As part of New Zealand Post’s strategy to release capital from its corporate properties, it sold the landmark New Zealand Post House in Wellington to listed commercial property company Argosy Property in 2013.
We acted for New Zealand Post on the sale and leaseback of New Zealand Post House and on the negotiation of a comprehensive development agreement committing the purchaser to undertake a $40 million extensive redevelopment of the building.
The sale, for $60 million, was one of the single largest commercial real estate deals completed in Wellington in 2013.
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New Hamilton office for Accident Compensation Corporation
Tainui Group Holdings and the Accident Compensation Corporation have announced the development of a $50m-plus Hamilton office complex.
Greenwood Roche lawyers Bob Roche, Sam Green and Jane McDiarmid are assisting ACC with a significant office consolidation project, which has recently reached a milestone with the conclusion of a development agreement for a new office building in Hamilton.
At each of ACC's main hubs, Dunedin and Hamilton, we are advising ACC on the RFP process for new office accommodation, development agreements for the design and build of new office buildings and the deeds of lease. Each building will have office space of approximately 8,500 square metres and will be significant construction projects for these cities.
The new Hamilton building will be developed by Waikato-Tainui and will be located on the corner of Collingwood Street and Tristram Street. The building is designed as a state of the art, low-rise, three-pavilion building and will be a substantial boost for the Hamilton CBD.
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Ocean Outfall Pipeline, Hokitika
Greenwood Roche has assisted Westland Dairy Company Limited with its $26 million Ocean Outfall Pipeline project...
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Ocean Outfall Pipeline, Hokitika
Greenwood Roche has assisted Westland Dairy Company Limited with its $26 million Ocean Outfall Pipeline project.
Our work involved drafting and negotiating land occupation and easement documentation with the Westland District Council for the deaeration chamber and the pipeline and drafting construction contracts for the two stage pipeline project. The pipeline and deaeration chamber due for completion in the first quarter of 2021 will convey treated wastewater from Westland Milk’s Hokitika dairy factory, remove the air and discharge it into the ocean via an 800 metre underwater pipe. The company considers it is a more acceptable environmental solution and more sustainable system than the current system of discharge into the Hokitika River.
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Overseas investment office consents for forestry
Greenwood Roche has assisted Corisol New Zealand Limited with acquisitions and overseas investment applications for forestry...
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Overseas investment office consents for forestry
Greenwood Roche has assisted Corisol New Zealand Limited with acquisitions and overseas investment applications for forestry.
Our work involved negotiating and documenting agreements for sale and purchase for various land blocks, due diligence, overseas investment office applications and various ancillary documentation.
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Christchurch hospital car parking
Greenwood Roche assisted Ōtākaro Limited to negotiate a long awaited car park building solution for Christchurch Hospital...
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Christchurch hospital car parking
Greenwood Roche assisted Ōtākaro Limited to negotiate a long awaited car park building solution for Christchurch Hospital.
Our work involved negotiating and documenting an agreement with a number of other parties including CDHB, LINZ and Ngāi Tahu.
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Joint venture developing pet food factory
Greenwood Roche is acting for Hāpai Ahuriri Limited Partnership on the acquisition of land and the development and lease of a pet food factory in Hawke’s Bay. ..
Recent Projects
Joint venture developing pet food factory
Greenwood Roche is acting for Hāpai Ahuriri Limited Partnership on the acquisition of land and the development and lease of a pet food factory in Hawke’s Bay.
Our work involved documenting and registering the limited partnership (a joint venture between two other limited partnerships including our existing client Hāpai Commercial Property Limited Partnership made up of a number of different iwi), due diligence, drafting the agreement for sale and purchase, settling the acquisition and negotiating and drafting the construction contract. We continue to advise on financing aspects and the lease.
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Film Studios – Section 71 Proposal
On 16 September 2020 the Associate Minister for Greater Christchurch Regeneration approved Regenerate Christchurch’s proposal to amend the Christchurch District Plan and the Canterbury Regional Policy Statement to provide for the development and operation of commercial film and video production facilities in Christchurch...
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Film Studios – Section 71 Proposal
On 16 September 2020 the Associate Minister for Greater Christchurch Regeneration approved Regenerate Christchurch’s proposal to amend the Christchurch District Plan and the Canterbury Regional Policy Statement to provide for the development and operation of commercial film and video production facilities in Christchurch.
The Minister approved the proposal developed by Regenerate Christchurch, with assistance from Greenwood Roche, and exercised powers under section 71 of the Christchurch Regeneration Act 2016 for the final time before the section was repealed.
The amendments will come into force on 13 October 2020, and result in a planning framework enabling commercial film or video production activities to locate in specific areas in Christchurch.
Demand from local and international film companies for production facilities in New Zealand is high, but there are no major production facilities in the South Island. The establishment of such facilities in Christchurch, made easier through the amendments, presents an exciting prospect for the city’s creative identity and industry and for the economic and employment opportunities that these facilities would provide.
This proposal is also significant as the last regeneration initiative performed by Regenerate Christchurch. It has been a privilege for Greenwood Roche to provide legal support to this now-disestablished organisation since 2016, and this outcome is a fitting end considering the hard work and dedication of the Regenerate team over the last four years.
The Minister’s decision can be viewed at the following link:
https://dpmc.govt.nz/publications/public-notice-film-studios-proposal-approved;
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Hagley Oval - Section 71 Proposal
On 23rd December 2018 Hon Poto Williams, the Associate Minister for Greater Christchurch Regeneration approved a proposal to amend the Christchurch District Plan provisions for Hagley Oval to enable it to host large international fixtures and meet modern day broadcasting requirements.
Greenwood Roche assisted Regenerate Christchurch in developing the proposal on behalf of the Canterbury Cricket Trust.
The proposal approved by the Minister amends the Christchurch District Plan through section 71 of the Greater Christchurch Regeneration Act 2016 (GCR Act). The approved proposal incorporates the current resource consent conditions into the Plan and amends certain aspects of those conditions, including:
- Amending the current condition to increase the four, retractable light towers to allow six permanent light towers to meet international broadcast standards.
- Allow more lenient pack in and out timeframes for temporary facilities associated with hosting cricket matches to improve health and safety and limit damage to the Oval grounds.
- Increasing the number of fixtures allowed per season, including an allowance for hosting International Cricket Council events on years that they occur.
These changes will mean that Hagley Oval will be able to host day-night matches that are now required by top-tier teams, allowing Hagley Oval to be more competitive when bidding for games compared to its rival cricket grounds. With the Women’s Cricket World Cup approaching in 2021, the changes will allow Christchurch City to bid for and host games in this tournament.
Through the public participation stage of the process, 1,253 written comments were received, of which 83 percent were in favour of the proposal.
The Minister’s decision can be viewed at the following link: https://dpmc.govt.nz/sites/default/files/2019-12/Hagley Oval - Section 71 Proposal - Signed Decision Paper_1.pdf
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New Dunedin Hospital
Following the acquisition of all land needed for the New Dunedin Hospital, demolition of the existing buildings has commenced - starting with the former Cadbury Warehouse. The $1.4 billion hospital will be developed over the next 6 years and will occupy land on either side of St Andrews Street...
Recent Projects
New Dunedin Hospital
Following the acquisition of all land needed for the New Dunedin Hospital, demolition of the existing buildings has commenced - starting with the former Cadbury Warehouse. The $1.4 billion hospital will be developed over the next 6 years and will occupy land on either side of St Andrews Street.
A team from Greenwood Roche is assisting the Ministry of Health on the development of the hospital. We have acted on the alterations to the Dunedin City Plan to facilitate the hospital, the development of the site masterplan, the acquisition of the required land, the payment of compensation to affected landowners and tenants, and on the consents required for the hospital.
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Ministry of Health - Redevelopment of Christchurch and Burwood Hospitals
Over the coming years, the Burwood Health Campus and Christchurch Hospital will undergo a $650 million re-development, the largest investment in public health facilities in New Zealand.
Greenwood Roche has successfully assisted the Ministry of Health in obtaining consent for the Burwood hospital redevelopment and a designation for the new Acute Services Building at Christchurch Hospital. The designation has been progressed utilising the provisions of the Canterbury Earthquake Recovery Act and has required a very thorough and careful assessment of the tests within that Act.
The hospital project is the third significant development project within Christchurch City that Greenwood Roche has successfully accelerated via the provisions of the Recovery Act.
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Ministry of Justice - Christchurch Justice and Emergency Services Precinct
This purpose built precinct will bring Christchurch’s justice and emergency services together on one site in central Christchurch. It is the largest multi-agency government co-location project in New Zealand’s history.
Greenwood Roche advised the Ministry of Justice regarding the resource management aspects of the Christchurch Justice and Emergency Precinct. This project is one of a number of anchor projects we are involved in.
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Te Raekura Redcliffs School
Te Raekura Redcliffs School was opened by Prime Minister Rt Hon Jacinda Ardern on 25 June 2020 nearly 10 years’ after it was closed in response to the 2011 earthquakes. ..
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Te Raekura Redcliffs School
Te Raekura Redcliffs School was opened by Prime Minister Rt Hon Jacinda Ardern on 25 June 2020 nearly 10 years’ after it was closed in response to the 2011 earthquakes.
Lauren Semple and Rachel Murdoch advised Regenerate Christchurch on the use of the Greater Christchurch Regeneration Act 2016 to facilitate the rezoning of the new school site for that purpose, and the rezoning of the former site as a reserve.
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