Decision | Consent granted Section 12(1)(a) Overseas Investment Act 2005 |
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Decision maker | Toitū Te Whenua Land Information New Zealand |
Decision date | 7 November 2024 |
Pathway | Sensitive land – special forestry (one-off) |
Investment | Acquisition of a freehold Interest in approximately 1,080 hectares at 556-558 Old Coach Road, Te Pohue, Hastings, Hawke's Bay |
Consideration | Withheld under section 9(2)(b)(ii) of the Official Information Act 1982 |
Applicant | Trelinnoe Forest LP Germany 100% |
Vendor | Trelinnoe Station (2018) Limited New Zealand 100% |
Background | The Applicant is a newly established investor, ultimately owned by German citizen Wilhelm Wilderich Graf von Spee. The land to be acquired is approximately 1,080 hectares used for forestry purposes. The productive area of the land is approximately 622 hectares of pinus radiata. The Applicant plans to continue using the land for forestry. Consent was granted as the Applicant has met the investor test criterion and the special forestry test criteria. |
More information | Catherine Reid, Barrister catherine@catherinereid.co.nz |