A Large Chinese Property Developer's NZ Investment Project

Project Overview

In 2014, a large Chinese property developer set out to invest in New Zealand with limited knowledge of its market, its regulation and its local partners. The result was a completed development project in Auckland.

Client Challenge

The developer was looking to expand its global portfolio by investing in New Zealand, but faced:

• ▸ Limited knowledge of New Zealand property market regulations
• ▸ A lack of local development partners and contractors
• ▸ Cultural and business practice differences
• ▸ Uncertainty about market demand and pricing

What the Developer Gained

The developer gained an end-to-end investment foundation, including:

• ▸ A clear read on the market and its feasibility before capital was committed
• ▸ Investment opportunities and development sites identified and shortlisted
• ▸ Regulatory approvals and compliance handled so the project did not stall
• ▸ Local development partners and contractors introduced
• ▸ Project management support that kept the build moving

Results Achieved

• ▸ Successfully acquired a prime development site in Auckland
• ▸ Developed one of New Zealand's largest apartment complexes
• ▸ Project value exceeded NZ$200 million upon completion
• ▸ Created over 300 jobs during construction
• ▸ Established the developer as a major player in the NZ property market

Client Testimonial

"We were looking at a market we did not know, with a lot at stake. MiDeer knew the local ground and was willing to name the risks out loud, which is what our board needed before committing. The project has since done what we hoped it would." Client representative, Chinese property developer

← Back to Case Studies