Foreign investment in Aotearoa/New Zealand


Overseas Investment Office - Decisions

Commentary and Index prepared by CAFCA.

All spelling of geographic and company names is as supplied by the Overseas Investment Office (OIO) unless otherwise it is clear from the context that the source is from elsewhere. Errors are those of the OIO. Information quoted, unless otherwise noted, comes from the Decision Sheets of the Office. Copies of the Decision Sheets can be seen on the Land Information New Zealand website.


January 2021 decisions

Retrospective application by residential developers declined; Summit buys another Northland forest; Austrian countess gets her third forest; UK landlords buy another NZ forest; Australian company with NZ owners still requires consent;

February 2021 decisions

Apex One residential development gets a fine and retrospective consent; New Forests private equity fund buys 14 forests in Nelson, Southland and Otago; Kingheim undertakes three more forestry conversions, in Waitomo, Waikato and Huntly; Drylandcarbon buys forests in Kaikoura and South Wairarapa; KDL Group/Meraki Resources buys Papakorokoro Forest in Gisborne; Cloudy Bay/Diageo/LVMT buys another Marlborough vineyard; Mitsui Fudosan buys Hastings vineyard for table grapes; Datamars animal technology expands its capital base; Evolution/PEP buys Bupa property in Gisborne; UAE and Australian private equity buys Te Anau holiday park;

March 2021 decisions

Mystery meat company acquisition declined; Mystery fishing quota acquisition declined ...but retrospective mussel quota consents granted for Biomex/MacLab; US couple declined consent for mānuka/honey farm; Kauri Forestry/Craigmore gets a rubber stamp; Matariki Forests gets a rubber stamp a one-off purchase of Waerenga Forest, Waikato; German insurance giant Munich Re buys NZ forests; Ellis Campbell UK buys its fifth forest; German couple buy Hastings farm for forestry conversion; Fletcher Residential gets a second rubber stamp, for another 15 land purchases ...and uses No.4 of its first standing consent in Christchurch; Fletcher Building plans an industrial development at Dairy Flat, Auckland ...and extends its Kaukapakapa quarry; KKR private equity buys Argenta animal health; Taiwanese Orient Europharma buys land for another goat farm in Taupiri, Waikato; Warburg Pincus private equity shuffles its share of James Fletcher Drive, Ōtāhuhu development; Singapore government gets 50% of ANZ Centre, Auckland; T&G Global/ENZA Fruit leases Hawkes Bay orchard to plant more apples;

April 2021 decisions

Cerberus private equity buys another forest; Chinese paper corporation buys forest at Makarau, Auckland; Singapore-based oil man buys fifth farm for forest conversion; German aristocrats buy another forest in NZ; Ontario Teachers buys forestry right in Ōpōtiki; Malaysians invest in forestry conversion in Southland; Coca-Cola Europe takeover of Coca-Cola in Aus and NZ; KKR private equity takeover of Natural Pet Food; Lightspeed takeover of Vend retail and restaurant software; UK shareholder takeover of WPP AUNZ media company; Fletcher Residential uses fifth consent of 12 in Tamaki, Auckland; US couple to develop a Queenstown section; Metlifecare's first use of its rubber stamp to extend Beachlands village; Joval Wines expands its Otago vineyard; German engineer to convert farm to wildlife and honey; Americans to intensify goat rearing on Bell Block;

N.B. From May onwards only one decision per month has been analysed. Instead a link to the OIO's website containing the decisions for each month has been provided. Murray Horton.

May 2021 decision

The full May 2021 Decisions are here:

Pan Pac Forest Products Limted (x3); Pointer Investment (NZ) Limited; Sunny Development New Zealand Limited; Essity Holding Company Australia Pty Ltd; MTG Gaming AB; IDEXX Laboratories Inc.; United Rentals Inc.; Te Au (No. 3) Limited;

June 2021 decision

The full June 2021 Decisions are here:

Kaingaroa Timberlands Partnership; Danfoss Power Solutions 11 Limited; The a2 Milk Company Limited; Fletcher Concrete and Infrastructure Limited; Adamantem Capital Management Pty Limited; Imola Acquisition Corporation; PISA Obligor Co 1 Pty Ltd; Bentley Systems Incorporated; Ernslaw One Limited; Voyage Australia Pty Limited; Herens HoldCo AG; EverCommerce Solutions Inc.; Grand Equity Investment New Zealand Limited; Corisol New Zealand Limited; CK Amarillo LP;

July 2021 decision

The full July 2021 Decisions are here:

Lion New Zealand Limited; Shanghai Yuehua-Kangjian Investment & Management Co. Ltd; Organic Solutions Limited; Cambridge Homes NZ Limited & Vishal Agarwal and Jagadeesh Kunda; CDL Land New Zealand Limited; Ellis Campbell (NZ) Ltd; ORG International Holdings Limite; SG Fleet NZ Limited; Port Blakely Limited (x2); Cerberus Vermögensverwaltung GmbH; Corisol New Zealand Limited;

August 2021 decision

The full August 2021 Decisions are here:

Targa Capital Limited; Fletcher Concrete and Infrastructure Limited (x2); Metlifecare Limited; Ingka Investments Forest Assets NZ Limited and Ingka Investments Management NZ Limited; Fairfield TIR New Zealand Limited; KH Aggregator LP; Juken New Zealand Limited; Remutaka Forests Limited; IGC Kinetic Trust; SG Fleet New Zealand Limited and LeasePlan New Zealand Limited; NZ Logistics Holdings Limited; Grand Equity Investment New Zealand Limited; NZGT (UDC) Trustee Limited and UDC Finance Limited;

September 2021 decision

The full September 2021 Decisions are here:

Gresham House Forest Carbon (NZ) Limited and Gresham House Forest Carbon (NZ) LP; Horizon Flowers NZ Limited; Taieri Forests Limited; Summit Forests New Zealand Limited; A Limited Partner in Kauri Forests LP; Heritage Lifecare Limited; Te Au (No 4) Limited; Multi-Color (New Zealand) Holdings Pty Limited; Wankuan Li; SBI Regional Bank Holdings, Co., Limited; Affordable Kiwi Homes Ltd; Highlander 111 NZ Limited; ApexOne 7 Project Limited;

October 2021 decision

The full October 2021 Decisions are here:

Ponga Silva Limited; Busy Bees NZ Bidco Ltd; MRCB Aotea Central Limited; Norsewood Estate Limited; Trivium Madison Pacific Investment Limited; Labels Buyer, LLC; Evolution Rehab Limited; Intersnack International B.V.; Warner Brothers International Television Production New Zealand Limited;

November 2021 decision

The full November 2021 Decisions are here:

T&G Global Limited; Grand Equity Investment New Zealand Limited; Olam Food Ingredients New Zealand Limited; BCP V Modular Services Holdings IV Limited; Unity Software Inc and Unity Technologies SF; Domain Gardens Development Limited;

December 2021 decision

The full December 2021 Decisions are here:

T&G Global Limited (x4); 576 GSR Development Limited; Mt Wellington Limited; Datagrid New Zealand Limited Partnership; Metlifecare Limited (x2); ESR Cayman Limited; Parnell Park Development Limited; TKL & Family Pte Ltd; Drake Subsidiary Inc – a direct, wholly owned subsidiary of Discovery Inc. (the Applicant);

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Numbers of approved, declined and price deleted Decisions

Jan 2021 Feb 2021 Mar 2021 Apr 2021 May 2021 Jun 2021 Jul 2021 Aug 2021 Sep 2021 Oct 2021 Nov 2021 Dec 2021 Total 2021
Deletions 1* 1
Approvals 4 10 16 16 8 15 11 12 12 9 6 13 132
Declined  1    3            1       5

* this is count of the number of consents that don't include price (or other info if withheld)

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