Phone tel:+64 9 309 6020
Layne is Auckland based, is a Director of Bayleys Capital Markets and is one of New Zealand’s most successful brokers, in the corporate office sector. Major cross border deals include to Deka Immobilien ($146m) and Morgan Stanley ($91.3m), with all transactions completed totaling over $750m. He has over 30 years’ experience in the commercial property industry within New Zealand and is a qualified valuer.
Previously Layne was the owner and Managing Director of Knight Frank New Zealand for 8 years, which merged with Bayleys in 2018. Layne’s primary focus include key client liaison, capital market asset sales, structured transactions and hotel advisory. Layne has very strong relationships with NZ listed sector groups, key corporate investors, HNW family offices and off-shore investors who have an interest in NZ.
Layne is a New Zealand representative yachtsman and has two teenage daughters.
Dip Val; Dip RE; Associate of the REINZ; Licensed Agent REAA
Morgan Stanley, Goodman Property, Mansons TCLM, Precinct Properties, Oyster Property Group
Key Transactions include:
Acted for Mansons TCLM in the off-market sale of 27 Napier Street, Auckland, a new office building sold to local private interests for $63,000,000 in 2014, at a new benchmark yield at that time.
Acted for Dexus Australia in the marketing and sale of The Lumley Centre in Auckland with the wider Asia Pacific Knight Frank team. The trophy office property was sold for $146,000,000 to German fund, Deka Immobilien. It was the largest single office sale in New Zealand for 20 years, as at 2015.
Acted for Neil Group, a private NZ developer, for the formal marketing and sale of 8 Nugent Street Auckland, a high-quality business park asset - sold to local listed entity, Argosy Property for $41,000,000 in 2015.
Acted for separate vendors in Morgan Stanley’s off market acquisition of three Auckland office buildings for
$91,300,000, comprising 30 Mahuhu Crescent - $18,600,000, Grant Thornton House, 152 Fanshawe Street - $28,100,000 and 34 Shortland Street - $44,600,000. This transaction was completed in 2016.
Muriwai Downs Farm
Acted for the vendors of the 100-year-old Muriwai Downs Farm in west Auckland. The 500-hectare farm had been owned and farmed since 1919 by five generations.
Honan Place, Avondale
Purchased by a syndication for $16,650,00 A large industrial distribution building, all three buildings offered 100% NBS fully tenanted