Greenwood Roche acted for the purchaser in the acquisition of Highbury Shopping Mall, Auckland. We are also assisting in the ongoing repositioning and redevelopment of the mall.
Our work included negotiating the terms of the agreement for sale and purchase, conducting an extensive due diligence investigation on all legal aspects of the property, instructing technical consultants and advising on various commercial property and business structuring matters.
We continue to assist with the new owner’s expansion and redevelopment plans at the mall, including construction, new leasing and strategic land acquisitions.
Our client, one of Auckland’s largest landholders, recently sold nine super lots of bare land to a respected developer under a long term staged disposal and development agreement. Over time, the land will become a significant new mixed-use centre.
Greenwood Roche assisted with negotiating the terms of the agreement for sale and purchase including masterplan provisions, development covenants, profit-share arrangements and further land options.
Our client retains significant landholdings in the area. It has a strong interest in a successful and quality development that it can use as a spring-board for its own development plans. To achieve this, it was willing to put together an attractive package and share in the risks and reward of the development.
The agreement was concluded in lockdown. Despite the worsening economic news, both parties remained committed to their long-term vision.
Antonia Shanahan and Jimmy Tait-Jamieson advised AA Insurance Limited in respect of the relocation of its New Zealand head office to a new build in Sale Street, Central Auckland, as the anchor tenant of the building.
The project involved significant negotiation with a prominent New Zealand developer, resulting in a number of transaction agreements, which included careful risk mitigation measures to remove leasetail issues. Multiple parties were involved in the transaction with the property being sold to an overseas buyer before completion of the building by the developer. The transaction resulted in a new premises that aligned with the company’s values, and included an innovative and energy efficient design and flexible working space with light and views across Auckland city.
Senior Associate, Greenwood Roche 2020 –
Lawyer, Greenwood Roche 2015 – 2020
Law Clerk, Greenwood Roche 2014 – 2015
LLB (Hons), BA (Otago)
DDI: +64 4 494 8846
Mobile: +64 27 697 3169
Phone: +64 9 306 0490
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Jimmy is primarily based in Wellington.
Physical: Level 13
36 Customhouse Quay
Mail: PO Box 25501
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