DLA Piper New Zealand is experienced in complex commercial leasing arrangements, often for clients with a diverse range of properties or for clients seeking leases across a large number of properties or clients with a portfolio of leased properties seeking consistency in approach.
We handled all leasing work for one of the largest commercial buildings in Wellington. These were long term leases for three Crown tenants (including an anchor tenant) and two major private organisations. Similarly, we are called upon to act for retailers in multiple site leases, including for retailers entering the New Zealand market.
DLA Piper New Zealand has also represented clients on sites for mobile networks.
With its focus on sustainability, recycling and green star rating – green leasing is a key specialty of the firm for both tenant and landlord requirements. In New Zealand, we have representation on the Green Building Council. Through our involvement we have foresight into products under development and market innovations.
DLA Piper New Zealand has proven expertise in a range of complex leaseholds on land. We have represented clients to the Supreme Court in proceedings concerning Glasgow leases.
We have assisted clients in creating leasehold titles. We also act for clients with rural leases and leases under the Reserves Act 1977.
- All aspects of commercial, retail, industrial leases for building owners and tenants
- Green leases and sustainability
- Leasehold land such as perpetually renewable ground leases, Crown leases under The Reserves Act 1977
DLA Piper New Zealand acted for DSM Nutrition on acquisition of the business and several leasehold interests in land from the Auckland based food supplement and pet food supplement company, Unitech Industries Limited. Consideration for the deal was NZ$54 million, and involved the negotiation of a complex option deed for DSM.
Foodstuffs North Island Limited - Bell Tea & Coffee Company
DLA Piper New Zealand acted for Foodstuffs on the sale of one of New Zealand's iconic brands and oldest tea company, Bell Tea and Coffee Company Limited. The property aspects of the deal included the sale and lease back of three industrial properties, two in Auckland and one in Dunedin.
Wellington City Council
DLA Piper New Zealand continues as a key provider of property advice for WCCs large property portfolio.
Cornwall Park Trust Board
DLA Piper New Zealand acted in litigation brought by the Board’s lease holders challenging the terms of the perpetually renewable ground leases. This client has an original land holding of over 100 hectares of iconic Auckland land, comprising park land, over 100 residential leasehold properties, sports and educational facilities and showground land.