Lucy Westenra

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.

Aug 25, 2024 | lexology.com | Natalie Wilson |Lucy Westenra

What does due diligence look like? The Climate Change Commission has recently issued its ’Progress report: National Adaptation Plan (August 2024)’[1], the first in a repeating series of two-yearly reports to assess adaptation progress. While the report comes at a very early stage in the implementation of the National Adaptation Plan, it highlights that adaptation is not happening on the scale, or at the pace, that is needed.