So what is a limited partnership? It is a form of partnership involving general partners, like a law firm—it is pretty simple—who are all liable for the debts and liabilities of the partnership in limited partners. So if the partners of PwC Tower don't bring any buildings in because of their expensive rent down at the waterfront, they then have to foot the bill. They are also liable to the extent of the capital contribution to the partnership. In its name, the New Zealand Companies Office defines that "a limited partnership must include the words 'Limited Partnership', or … 'LP' or 'L.P.' at the end of the name." Features of limited partnerships include separate legal personality; an indefinite lifespan, if desired; safe harbour activities, defined by the limited partnership, while they are not participating in the management of the limited partnership. There is also a tax treatment for the limited partnership, and this is administered by the New Zealand Companies Office, so it's a real thing. 