Applicant
Southland Plantation Forest Company of New Zealand Limited
Case number(s)
202200195
Decision date
Type
Decision
Decision

Consent granted
Section 12(1)(a) Overseas Investment Act 2005 
Decision maker Toitū Te Whenua Land Information New Zealand
Decision date 23 August 2022
Pathway(s) Special forestry (One-off purchase)
Investment
  • 419.784 hectares of land at 450 Break Neck Road, Taringatura
  • 473.9895 hectares of land at 1175 Lillburn Valley Road, Lillburn
Asset value $5,100,000
Applicant

Southland Plantation Forest Company of New Zealand Limited
Japan (100%)
Vendor

Kodansha Treefarm New Zealand Limited
Japan (100%)
Background

The Applicant has been granted consent to acquire the Land under the special test relating to forestry activities set out in section 16A(4) of the Act.

Southland Plantation Forest Company of New Zealand Limited is a repeat forestry investor in New Zealand and has existing forests based mainly in the South Otago /Southland region.

The Applicant intends to continue using the land for production forestry and replant the land following harvest.
More information

Rachel Lindsay
AWS Legal (Invercargill)
PO Box 1207
Invercargill