The Law Association of New Zealand Incorporated (formerly the Auckland District Law Society) released the Seventh Edition of the Deed of Lease and Sixth Edition of the Agreement to Lease on 25 November 2024 Introduction The seventh edition of the Deed of Lease (Seventh Edition) ...

As a recent arrival in New Zealand from the UK, the two commercial property markets and jurisdictions share a lot of similarities. With both island nations buffeted by global headwinds, we dive into three popular trends in the UK and explore how they may, or ...

Auckland Council (Council) has recently prepared a draft Future Development Strategy (FDS) to set out the vision for the growth of Tāmaki Makaurau over. Due to the exponential growth of Tāmaki Makaurau coupled with the uncertainty created by recent events such as COVID, flooding and ...

Anderson Lloyd is proud to have assisted New Zealand Green Investment Finance by contributing to the development of a New Zealand climate clause bank.  This clause bank is a free resource to be utilised by organisations who wish to include climate-friendly clauses into their contracts. ...

Hürlimann v Lilley [2023] NZCA 173 This case considers whether the court has discretion to modify or extinguish land covenants if they had been reasonably consented to. The Appellant, Mr Hürlimann, agreed to purchase a lifestyle property in Mr and Mrs Lilleys' four lot subdivision. ...

Anderson Lloyd has recently completed the sale of the iconic property that is "Mt Iron" and "Little Mt Iron" on behalf of a client, which sees the guardianship of this special property passed from Allenby Farms Limited (Allenby) to the local council. Allenby had originally ...

In Tadd Management Limited v Weine the High Court considered the liability of a vendor to a purchaser where a New Building Standard (NBS) rating used in marketing materials turned out to differ substantially from a later assessment. The property in question was a commercial ...

The Unit Titles (Strengthening Body Corporate Governance and Other Matters) Amendment Act (UTAA) came into force on 9 May 2023.  While the UTAA makes some general changes to body corporate management, the more material and practical changes relate to the disclosure regime.  Specifically, the UTAA ...

Our Property Team are proud to be the authors of the 2022 Chambers Global Practice Guide – New Zealand Real Estate chapter. The team have been the sole contributors to this chapter since 2019. Chambers and Partners provide definitive global law guides offering comparative analysis ...

Anderson Lloyd is delighted to have assisted NZ Hotel Holdings (owned by Russell Property Group, Lockwood Property Group and the New Zealand Superannuation Fund) on its purchase of the Rydges Wellington Hotel. 2021 was a milestone year for NZ Hotel Holdings who earlier in April ...

The Income Tax Act 2007 now includes a standard mechanism to allocate the values of assets in certain transactions. The Income Tax Act 2007 was recently amended pursuant to the Taxation (Annual Rates for 2020–21, Feasibility Expenditure, and Remedial Matters) Act 2021 to insert a ...

Our Property Team is proud to have contributed as the sole author of the New Zealand chapter of the Chambers and Partners 2019, 2020  and 2021 Global Practice Guides on Real Estate. Read our most recent analysis of New Zealand Real Estate law here.  Click here ...

Check out our Property Team's summary of significant property case law developments across 2020 in our second edition of Real. below:  

On 23 March 2021 the Government released a number of housing policy changes targeted to increase the supply of houses and decrease residential property investor demand. The policies include changes to interest deductibility, an extended bright-line test period, a new $3.8 billion "Housing Acceleration Fund" ...

In response to the ongoing COVID-19 Pandemic, on 15 April 2020 the Government announced new measures to support commercial landlords, tenants and property owners with mortgages. These changes are summarised below. Commercial lease cancellation Under the Property Law Act 2007 (Act) in its current form, ...

At 11.59pm on Wednesday, 25 March 2020, New Zealand moved into Alert Level 4 as a response to the novel coronavirus, Covid-19, putting almost everyone in lockdown and leaving many with uncertainty in respect of property settlements that are scheduled to take place within the ...

As the impacts of the COVID-19 pandemic continue to grow all businesses will need to consider its current and future impacts on their commercial position. A key commercial arrangement for many businesses is their leases. As we enter into a period of "lock down", businesses ...

Our industry leading Property Team is proud to have contributed as the sole author of the New Zealand chapter of the Chambers and Partners 2019 Global Practice Guide on Real Estate. Chambers and Partners is often referred to as ‘the gold-standard’ in independent legal research ...

The global financial crisis slowed the implementation of many consented developments around the Queenstown Lakes district. Over that period of inactivity many resource consents would have lapsed. The Inland Revenue Department (IRD) are now undertaking an investigation and have obtained information regarding lapsed consents from ...

The Land Use Recovery Plan (LURP) has been approved by the Minister for Canterbury Earthquake Recovery and takes effect on 6 December 2013. It is a significant document for anyone wishing to develop in the Greater Christchurch area and sets the scene for future communities. ...