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Legal articles written by Cavell Leitch lawyers.

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38 Commercial Property and Leasing Articles

Property syndicates – the lowdown

There has been a lot of activity in the property syndication market in the last few years. You might have thought about investing in a property syndicate or even looked at establishing one. We give you the lowdown on what it’s all about.

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A Brief Market Update – Christchurch Commercial Property

The Christchurch commercial property market experienced disruption following the Canterbury Earthquakes. Prior to the earthquakes, increasing vacancy rates and shorter lease terms evidenced what was effectively a ‘tenant’s market’. Tenancy inducements were on offer to attract quality tenants whilst rental growth and investment demand remained relatively flat.

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New fire levies: A hot topic!

The Fire and Emergency New Zealand Act 2017 (the Act), which came into force earlier this year, has the potential to have significant financial implications for commercial property owners, and their tenants.

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A Brilliant Public Capital Raise – The Hub Hornby Shopping Mall

Raising capital from existing investors and the public can be challenging, particularly when you are facing the numerous requirements of the Financial Markets Authority (FMA) and related financial markets legislation. However, when done properly, the result can be massively successful for all involved. Cavell Leitch recently advised Shopping Centre Investments ...

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Exciting developments ahead for central Christchurch

If you have been keeping up to date with central Christchurch developments, then you may already be aware of Regenerate Christchurch and its plans to develop a regeneration strategy for the central city area.

Regenerate Christchurch was established in 2016 to lead the regeneration of Christchurch. The organisation is made ...

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Danger Lurking Underground - buying land with contamination issues

Much of the land in New Zealand has been used for more than one purpose. Previous uses can have unanticipated consequences for prospective owners. For example:
• Sites of early dry cleaning operations which used various chemicals, have now become the sites of central city office buildings.
• Rural land may now ...

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Common issues in Commercial Property Transactions

Typically most transactions go smoothly as both parties have a mutual goal of the sale and purchase of the property and work together to get it achieved. Often, however, issues arise during the transaction that neither party expected.

This article is the first of a series that examines various case ...

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New legislation requires owners to strengthen their quake-prone buildings

The issue of earthquake-prone buildings remains a hot topic. You may have seen recent reports in the media including:

“Wellington considers new earthquake laws that could cost homeowners thousands” – www.stuff.co.nz, 21 January 2017

“Earthquake-prone Hurunui and Marlborough buildings could have just one year to reach building code ...

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Review of the Unit Titles Act 2010

Triggered by a report from property professionals, the Ministry of Business, Innovation & Employment (MBIE) have announced a review of the Unit Titles Act 2010 (Act). It is a timely review of the Act especially as the number of unit title complexes are increasing.
The objective of the review is to ...

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