| Decision | Consent granted Section 12(1)(a) Overseas Investment Act 2005 |
|---|---|
| Decision maker | Toitū Te Whenua Land Information New Zealand |
| Decision date | 3 September 2025 |
| Pathway | Sensitive land - Special forestry test (one-off) |
| Investment | Acquisition of a freehold interest in approximately 634.2 hectares of land located at 1172 Table Hill Road, Table Hill, Clutha District. |
| Consideration | $9,770,300 |
| Applicant | Future Forests NZ Limited France 61% The Netherlands 31% Germany 7% Luxembourg 1% |
| Vendor | Divers Farms Limited New Zealand 100% |
| Background | The Applicant is a newly formed New Zealand company, owned by BNP Paribas Future Forest Fund SLP. It seeks to acquire approximately 634 hectares of land with 465 hectares of productive forest located in the Clutha District. The Applicant intends to continue using the land for forestry purposes. Consent was granted as the Applicant has met the investor test criterion and the special forestry test criteria. |
| More information | Josh Hayes Chapman Tripp PO Box 993 Wellington 6140 |