| Decision | Consent granted Section 12(a) Overseas Investment Act 2005 |
|---|---|
| Decision date | 5 October 2011 |
| Investment | An overseas investment in sensitive land, being the Applicant's acquisition of a freehold interest in 7.4852 hectares of land at 16 Strathfield Lane, Whitford, Auckland. |
| Consideration | CONFIDENTIAL |
| Applicant | Richard Lewellen Griot as trustee of the Lusso Trust Richard Lewellen Griot, United States of America (100.0%) |
| Vendor | Peter Frederick Ullrich, Caroline Isobel Ullrich, Euan Boyd lindsay Hilson and Gray Mitchell Cameron as trustees of the Strathfield Trust New Zealand (100%) |
| Background | Richard Griot and his family intend to immigrate to and reside indefinitely in New Zealand on the property. The Applicant’s application for permanent residence has been approved by New Zealand Immigration. The overseas investment transaction has satisfied the criteria in section 16(1)(e)(i) of the Overseas Investment Act 2005. |
| More information | Shaun McGivern Ellis Gould PO Box 1509 AUCKLAND |