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Applicant
Datagrid New Zealand Limited Partnership
Case number(s)
202400315
Decision date
Type
Decision
DecisionConsent granted
Section 12(1)(a) Overseas Investment Act 2005
Decision makerToitū Te Whenua Land Information New Zealand
Decision date16 July 2024
PathwaySensitive land - Benefit to New Zealand
InvestmentAcquisition of 6 hectares of land located at 342 Flora Road East, Makarewa, Southland
ConsiderationWithheld under section 9(2)(b)(ii) of the Official Information Act 1982
ApplicantDatagrid New Zealand Limited Partnership
Austria 38%
New Zealand 31%
France 31%
VendorsMichael Douglas Russell and Brittany Ellen Russell
New Zealand 100%
Background

The Applicant was established for the purpose of developing New Zealand’s first hyperscale data centre park, Datagrid.  

The Applicant is acquiring the land to support the operations of the data centre, which is being constructed on the adjoining property.

The main benefit to New Zealand is that the Investment will enhance the viability of the Datagrid project.
Consent was granted as the Applicant has met the investor test criterion and the investment is likely to benefit New Zealand.

More informationCatherine Reid and Alan Lear
Catherine Reid, Barrister
Alan Lear, Barrister 

This Notice of Decision was published as part of an Official Information Act release:

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