| Decision | Consent approved |
|---|---|
| Decision maker | Toitū Te Whenua Land Information New Zealand |
| Decision date | 9 March 2023 |
| Pathway(s) | Residential land development (Non-residential use - One-off purchase) |
| Investment | An overseas investment in residential land, being the Applicant's acquisition of a freehold interest in approximately 0.0736 hectares of freehold land located at 9 Carbine Road, Mt Wellington, North Auckland. |
| Consideration | $2,070,000 |
| Applicant | Coca-Cola Europacific Partners New Zealand Limited United States of America (41.5%) Spain (36.9%) United Kingdom (6.6%) Various (14.9%) |
| Vendor | Rasheed Ahmed |
| Background | The Applicant is an indirect wholly owned subsidiary of Coca-Cola Europacific Partners plc (CCEP plc). CCEP plc is a consumer goods company that manufactures, sells and distributes an extensive range of non-alcoholic ready-to-drink beverages and alcoholic ready-to-drink beverages across Western Europe and the API regions. The Applicant plans to use the Land for non-residential purposes to expand their existing site (used for manufacturing and distribution activities). The Applicant owns the adjoining land. The property will continue to be tenanted to a third party for a short period while the required properties are acquired, and necessary preparations are made for the expansion. |
| More information | Tessa Baker Chapman Tripp (Auckland) PO Box 2206 Auckland 1140 |
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