Overview
Our property finance team act for both lenders (senior and mezzanine) and borrowers (developers and purchasers) in structuring transactions involving debt and equity financing.
Recognising the challenging market for property sector operators and their funders, we continue to remain involved in some of the most complex property financing transactions in New Zealand.
We have significant experience in large residential property developments (in particular community and affordable housing projects), residential apartment developments, and prominent investment asset acquisitions by both local and off-shore purchasers.
We act for major New Zealand banks, off-shore banks and other international financial institutions, New Zealand and overseas corporates and government entities.
Our clients benefit from our strong, integrated New Zealand team which brings together lawyers experienced in banking, real estate, capital markets, property trusts, Overseas Investment Act, managed investment schemes, environmental issues, funds and tax.
We provide a high quality, partner-led service with a focus on clear commercial advice and innovative solutions to guide lenders and borrowers through transactions of all sizes and levels of complexity.
Our experienced finance and property teams work together to deliver a full range of services to both lenders and borrowers including planning and structuring transactions (including by way of loan, asset sale and securitisation), negotiating and documenting loan and security packages, documenting and advising on building and construction aspects, operating agreements and joint ventures, providing comprehensive due diligence reporting for leasing, sale and construction contracts, developing and maintaining standard loan documentation to aid a streamlined and cost-effective approach for lenders, advising and negotiating with regulatory and local authorities, and establishment of listed and unlisted property trusts and structuring managed investment schemes.
“Strong transactional ability. Willingness to discuss key points to ensure the best outcome is achieved. Commercial thinking with regard to what's needed rather than a 'let's ask for everything' approach. Well thought through and reasoned recommendations provided when questions are raised rather than just outlining all individual options without recommendation."
Project finance, IFLR1000
“Good communications, organised, good reporting systems, listens to, and understands client's needs."
Project finance, IFLR1000
- Tier 1, Banking and Finance - IFLR1000
- Band 1, Banking and Finance - Chambers Asia-Pacific
- Tier 1, Banking and Finance - Legal 500
- Member of the New Zealand Council for Infrastructure Development (NZCID)
- Member of Property Council New Zealand
Experience
Sector / Expertise
International
Work highlights
Advising the lender
on its funding of New Zealand Education Holdings Wakefield's development of student accommodation and wellbeing facility in the Auckland CBD
Advising the banking syndicate
in its lending to fund Pro-Invest's new Auckland voco and Holiday Inn hotels
Acting for the lender
in connection with the conversion and development of a Mercure hotel located in Auckland
Advising the banking syndicate
in its lending to the developer of The International, luxury apartment development
Advising a fund managed by a member of the Forum Partners group
on the funding and acquisition of a significant student accommodation portfolio, comprising three towers in Wellington
Advising the banking syndicate of ANZ Bank, Bank of New Zealand and Commonwealth Bank of Australia
on the funding and development of Telecom House (known as 'Willis Central') in Wellington
Our team
Daniel Kelleher
Partner, Auckland
Daniel specialises in property law and has extensive experience in property sector, corporate, banking and commercial transactions…
- DDI +64 9 358 7022
- M +64 21 618 535
David Perry
Partner, Auckland
David specialises in banking and financial services, and restructuring and insolvency law. He represents banks and financial…
- DDI +64 9 358 7020
- M +64 21 632 268
Julia Gabrielle
Partner, Christchurch
Julia specialises in general commercial and corporate law, banking and finance and commercial and residential property…
- DDI +64 3 371 3521
- M +64 27 683 4373
Miriam Andrews
Partner, Auckland
Miriam specialises in banking and finance. Prior to re-joining Buddle Findlay in 2013, Miriam was transaction director at an…
- DDI +64 9 363 0638
- M +64 21 491 781
Paul Farrugia
Partner, Auckland
Board of Management
Paul specialises in banking and finance law and has a broad range of experience in domestic and cross-border financings with an emphasi…
- DDI +64 9 358 7042
- M +64 21 763 476