Commercial leasing can be complex and difficult. Kensington Swan’s expertise and market knowledge will help you maximize the value of your assets and avoid costly disputes, whether you’re a landlord or a tenant.
Our strong working relationships with valuers, property consultants, real estate agents, and others in the industry help us to provide you with advice and solutions that are commercially appropriate and cost effective. Our wide range of experience means we are familiar with any commercial leasing situation you are likely to encounter.
We can advise you on all aspects of leasing, including:
- development agreements
- lease-end obligations (removal of fit-outs, reinstatement)
- rent reviews
- operating expenses
- tax implications.
We established a complex ground lease structure for CentrePort on an office/retail property with a rateable value of $150 million. Our work enabled CentrePort to achieve its investment goals in a way that supported its strategic growth plans in transport and property.
We worked with IBM and its advisors to establish the process for the design, construction, and leasing of an $80 million data centre in Auckland. Through intensive negotiations with the developer and financiers, and working to a tight deadline, we helped IBM achieve its desired outcomes in terms of timing, quality, cost, and business growth.
Ministry of Social Development
For 15 years, we have advised on a large portfolio of properties throughout New Zealand leased by MSD. We have specifically developed a leasing template for MSD which has helped achieve the desired outcomes for our client.