Overseas investment decision for case 201710046 - ANZFF2 NZ Limited and the Trust Company Limited (as Trustee of ANZFIF2)

• a freehold interest in approximately 1,670.0542 hectares of land at Craigie Lea Forest, 820 Craigie Lea Road, Te Wharau, Wairarapa; and
• a freehold interest in approximately 168.3417 hectares of land at Beehive Creek Forest, 1545 Pohangina Road, Pohangina Valley; and
• a freehold interest in approximately 878.0549 hectares of land at Erindale Forest at Masterton-Castlepoint Road near Whakataki; and
• a freehold interest in approximately 190.2000 hectares of land at Tinui Forest, 4377 Masterton-Castlepoint Road, Tinu, Wairarapa; and
• a freehold interest in approximately 154.7010 hectares of land at Flat Point Forest off Te Wharau Road, near Flt Point Wairarapa Coast.

ANZFF2 NZ Limited is a subsidiary of the New Forests Australia Forest Fund 2, an investment fund with the mandate to invest exclusively in forestry assets in Australia and New Zealand. The investment fund is managed by New Forests Asset Management Pty Limited (New Forests).

New Forests and its related companies manage existing assets across Australia, New Zealand, Asia and the USA with over AU$4.5 billion of assets under management.

The Investment is expected to result in a substantial and identifiable benefit to New Zealand.

The Applicant intends to implement additional protection for significant areas of indigenous vegetation, wetlands and the habitats of native freshwater fish across the forests. 

Additional access routes and public access easements will be created by the Applicant.

The Investment is also likely to advance the Government's strategy to plant one billion trees between 2018 and 2027. 

Alan Paterson/Dan Williams
Anderson Llyod
PO Box 399, Shortland Street
AUCKLAND