Tim Barclay



Partner


tim.barclay@ah.co.nz

+64 3 364 3829

+64 21 359 406

Christchurch

Tim advises clients on a range of commercial property matters, including acquisitions and disposals, commercial developments and leasing, subdivisions and syndications. He has expertise in regulatory compliance matters which are relevant to property transactions, in particular the Overseas Investment Act and New Zealand’s financial markets legislation. He is well regarded for tailoring property solutions that suit the commercial needs of his clients.

Tim also has expertise in the hotel sector and in social housing.


Key Transactions

Acting for:

  • NZX listed Goodman Property Trust in relation to its Christchurch property portfolio and its recent disposal programme involving aggregate sales of $150m+.
  • An established syndicator in respect of the purchase and syndication of significant commercial properties in Wellington, Tauranga and Auckland (aggregate purchase values over $200m), including preparation of product disclosure statements under the Financial Markets Conduct Act 2013.
  • TJK NZ (owner of The George Hotel) in respect of its investment in new hotels in Rotorua, Christchurch, Queenstown and Cambridge.
  • Ōtautahi Community Housing Trust on its leasing of Christchurch City Council's social housing portfolio (2000+ homes) and its acquisition and development programme.
  • Sarin Group on hotel development projects throughout New Zealand (both as developer and tenant) including advice on branding/franchise arrangements with Hilton and Accor.
  • Various logistics/3PL operators on their property needs, including the development and leasing of specialist coolstore facilities.

Conducted:

  • Independent due diligence for Goodman in respect of its $90m+ acquisition (off the plans) of the new Fonterra headquarters in Fanshawe St, Auckland, including reviewing and reporting on the development agreement, construction contract and ground lease structure.


Directories

  • Asia Pacific Legal 500, Leading Individual, 2017-2021
  • Chambers and Partners, 2017-2021


Credentials

Bachelor of Laws (LLB), University of Canterbury


Admission to the Bar

New Zealand, 1995


Professional Memberships

New Zealand Law Society, Property Law Section, Accredited Specialist

Property Council of New Zealand, Member


Contributed Articles

  • Will the new reforms to the Overseas Investment Act affect you?

    On 19 November 2019, Associate Minister of Finance David Parker announced a raft of broad changes to the Overseas Investment Act as part of a Phase 2 reform of the Act. This followed the announcement, on 16 October 2018, that the Government would be undertaking a further review of the Act following the initial wide-ranging […]

Sectors:

Hotels
Hotels


Services:


Property