| Decision | Consent granted Section 12(a) Overseas Investment Act 2005 |
|---|---|
| Decision Date | 1 October 2015 |
| Investment | An overseas investment in sensitive land, being the Applicant's acquisition of a freehold interest in approximately 53.7520 hectares of land at 443 Matakana Valley Rd, Matakana, Rodney District, Auckland. |
| Consideration | $2,050,000 |
| Applicant | Long White Cloud Holdings Limited James George Purnell Dehlsen and Deanna Carol Dehlsen, United States of America (100.0%) |
| Vendor | John Peter Anning New Zealand (100%) |
| Background | The Applicant intends to become resident in New Zealand; and the Investment will provide a residence/studio for work in renewable energy and sustainability-related technologies. It is also intended that the property will be used from time to time for gatherings of experts in relevant technological and scientific disciplines. The overseas investment transaction has satisfied the criterion in section 16(1)(e)(i) of the Overseas Investment Act 2005. |
| More information | Michael Goodger Greenwood Roche Chisnall PO Box 106006 Auckland |