Edward Warren

2 months ago | lexology.com | Tara Wylie |Greg Allen |Nick Wilson |Edward Warren |Lucy Westenra |Will Barnes

The Overseas Investment (Build-to-rent and Similar Rental Developments) Amendment Bill passed its third reading yesterday and is set to come into force next week. The legislation amends the Overseas Investment Act 2005 (Act) and creates a streamlined pathway for investment in already developed build-to-rent (BTR) housing. BTR developments are purpose-built, large-scale properties designed exclusively for long-term residential rental units.

Mar 27, 2024 | lexology.com | Edward Warren |Greg Allen |Will Barnes |Bill Loutit |Sarah Mitchell

The term Progressive Home Ownership (PHO) refers to alternative housing schemes that aim to make home ownership more accessible and affordable, particularly for individuals or families who are struggling to get into the housing market. In this article, we explore PHO schemes in NZ, Australia and the UK as well as opportunities for developers.

Aug 23, 2023 | lexology.com | Tara Wylie |Greg Allen |Edward Warren |Nick Wilson

With consideration as to whether residential land should be caught under the Overseas Investment Act being back on the agenda pre-election, it is timely to reflect on whether the legislative changes introduced in 2018 are actually serving their purpose. The 100-day election promise made by the Labour Government, and brought in through the coalition, was intended to stop foreigners buying up New Zealand’s residential housing stock.

Aug 23, 2023 | lexology.com | Greg Allen |Will Barnes |Edward Warren |Barney Cumberland |Michael Wood |Sandy Donaldson | +5 more

Investment in Build to Rent (BTR) projects are increasingly being discussed as an alternative investment to usual residential developments in the current market, with many potential first-home buyers choosing to stay in rental properties while interest rates and the cost of living remains high. In this article, we outline what a BTR project is, how BTR projects are funded, overseas investment and tax considerations, and much more.