Applicant
Metlifecare Limited
Case number(s)
202100626/5
Decision date
Type
Notification
Parent Decision
202100626

Notification

Section 23A Overseas Investment Act 2005
Schedule 4(2) – Residential land – standing consent transaction

Notification number

5 of 20

Decision Date

12 April 2024

Investment

Acquisition of a freehold interest in approximately 0.0123 hectares of land at 22 Tahingamanu Road, Hobsonville (the Land)

Consideration 

$1

Consent Holder

Metlifecare Limited 
100% owned by EQT Partners Infrastructure Fund IV, which is 100% overseas owned. No one entity holds more than 5% of this fund 

Vendor

JAL Orion Point Limited
New Zealand 100%

Background

The Consent Holder holds a residential Standing Consent under the increased housing, non-residential use and incidental residential use pathways. 

This Standing Consent permits the Consent Holder to acquire up to 300 hectares of residential (but not otherwise sensitive) land in up to 25 transactions by 25 July 2027. 

This is the 5th transaction under the Standing Consent. The Land will be used as an accessway for providing public access from the Consent Holder’s retirement village and a nearby public walkway. 

More information

Andrew Petersen 
Bell Gully 
P O Box 4199
Auckland 1140