| Decision | Consent Granted Section 12(a) Overseas Investment Act 2005 |
|---|---|
| Decision Date | 12 July 2016 |
| Investment | An overseas investment in sensitive land, being the Applicant's acquisition of a freehold interest in approximately 0.4017 hectares of land at 79A Trig Road, Onetangi, Waiheke Island. |
| Consideration | $2,200,000 |
| Applicant | Carl Petri Ploetner & Alexandre Nicolas Krylov-Ploetner Germany (50%) & Switzerland (50%) |
| Vendor | Lynda Anne Eadie & Stewart Marshall Eadie New Zealand (100%) |
| Background | The Applicants have migrated to New Zealand and plan to reside in New Zealand indefinitely. The overseas investment transaction has satisfied the criterion in section 16(1)(e)(i) of the Overseas Investment Act 2005. |
| More information | Kellie Bright Shieff Angland PO Box 2180 AUCKLAND |