| Decision | Consents granted Section 12(1)(a) Overseas Investment Act 2005 |
|---|---|
| Decision maker | Toitū Te Whenua Land Information New Zealand |
| Decision date | 14 November 2025 |
| Pathway | Sensitive land - Residential land development (Increased Housing – construction of a long-term accommodation facility) |
| Investment | Acquisition of a freehold interest in approximately 12.9395 hectares of land located at Molesworth Drive, Mangawhai. |
| Consideration | Withheld under s9(2)(b)(ii) of the Official Information Act 1982 |
| Applicants | Bupa Care Services NZ Limited and Bupa Retirement Villages Limited United Kingdom 100% |
| Vendor | AINZ Fund 12 Limited |
| Background | The Applicants develop, own and operate retirement villages across New Zealand. They are ultimately owned by a global health services provider, British United Provident Association. The land is currently vacant. The Applicants will develop and operate a retirement village and care home on the land. Consent was granted as the Applicant has met the investor test criterion and the Investment is likely to result in one of the increased housing outcomes, being the construction of a long-term accommodation facility, on the land. |
| More information | Katrine Kofoed MinterEllisonRuddWatts PO Box 105 249 Auckland 1143 |