Applicant
SCOOF Poumahaka Investments Limited
Case number(s)
202500201
Decision date
Type
Decision
Decision

Consent granted
Section 12(1)(a) Overseas Investment Act 2005

Decision maker

Toitū Te Whenua Land Information New Zealand

Decision date

1 May 2025

Pathway

Sensitive land - Special forestry (one off)

Investment

Acquisition of a freehold interest in approximately 321 hectares of land near Dargaville. 

Consideration

$5,120,000

Applicant

SCOOF Poumahaka Investments Limited
United Kingdom 96%
Bermuda 4%

Vendor

Stormcoast Limited
New Zealand 100% 

Background

The Applicant is an investment vehicle for the Stafford Carbon Offset Opportunity Fund (SCOOF). The Applicant is a repeat investor under the special forestry test.

The land to be acquired comprises approximately 321 hectares of freehold land, currently used for forestry purposes. The total productive area of the land is approximately 263 hectares, predominantly planted in pinus radiata. The Applicant plans to continue using the land for production forestry.

Consent was granted as the Applicant has met the investor test criterion and the special forestry test criteria.

More information

Martin Thomson
DLA Piper New Zealand
PO Box 160
Shortland Street
Auckland 1140

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