| Decision | Consent granted Section 12(1)(a) Overseas Investment Act 2005 |
|---|---|
| Decision maker | Toitū Te Whenua Land Information New Zealand |
| Decision date | 7 November 2024 |
| Pathway | Special forestry (One-off purchase) |
| Investment | Acquisition of a freehold Interest in approximately 1,080 hectares at 556-558 Old Coach Road, Te Pohue, Hastings, Hawke's Bay |
| Consideration | $14,300,000 |
| Applicant | Trelinnoe Forest LP Germany 100% |
| Vendor | Trelinnoe Station (2018) Limited New Zealand 100% |
| Background | The Applicant is a newly established investor, ultimately owned by a German citizen. The land to be acquired is approximately 1,081 hectares used for forestry purposes. The productive area of the land is approximately 622 hectares of Pinus radiata. The Applicant plans to continue using the land for forestry. Consent was granted as the Applicant has met the investor test criterion and the special forestry test criteria. |
| More information | Catherine Reid, Barrister catherine@catherinereid.co.nz |
Documents related to this decision were published as part of an Official Information Act response:
Trelinnoe Forest LP’s overseas investment consent Assessment Report (202400581)
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