| Decision | Consent granted |
|---|---|
| Decision maker | Toitū Te Whenua Land Information New Zealand |
| Decision date | 21 February 2025 |
| Pathway | Benefit to New Zealand (Benefit to New Zealand) |
| Investment | Acquisition of approximately 1,518 hectares of land at 664B Kairakau Road, Elsthorpe, Hawke’s Bay |
| Consideration | Withheld under section 9(2)(b)(ii) of the Official Information Act 1982 |
| Applicant | Kauri Forestry LP |
| Vendor | Waipuna New Zealand Limited |
| Background | The Applicant is a New Zealand limited partnership, established as part of the Craigmore Sustainables Group. It is a forestry and horticulture investment vehicle and already holds a significant amount of land in New Zealand for those purposes. The land is currently primarily used for sheep and beef grazing, and approximately 28 hectares already planted in mainly poplars, softwoods and indigenous trees. The Applicant will convert approximately 832 hectares of the land into a commercial plantation forest (predominantly pinus radiata) with planting scheduled to start in winter 2026. The Applicant will harvest the crop of trees once matured and replant following harvest. The land consists mainly of Land Use Capability (LUC) class 6 (34%) and LUC class 7 (55%). The main benefits to New Zealand are likely to include capital expenditure, increased jobs and increased export receipts. |
| More information | Christina Lefever |