| Decision | Consent decided Section 12(1)(a) Overseas Investment Act 2005 |
|---|---|
| Decision maker | Toitū Te Whenua Land Information New Zealand |
| Decision date | 09 February 2026 |
| Pathway | Sensitive land – Residential land development (one off) |
| Investment | Acquisition of a freehold interest in approximately 8.3034 hectares of land located at Earlsbrook, 1491 Springs Road, Lincoln. |
| Consideration | Withheld under section 9(2)(b)(ii) of the Official Information Act 1982 |
| Applicant | Lincoln Grange Limited Australia 76% Singapore 18% Various regions 6% |
| Vendor | Earlsbrook Residential Limited |
| Background | The Applicant is a joint venture between Assetz NZ Freedom LL Limited (80%) and Freedom Group Holdings Limited (20%). The Applicant is part of the Freedom Lifestyle Group which has been a Retirement Village operator for over 10 years. The Applicant will develop and operate a retirement village on the land which is currently vacant. 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 | Catherine Reid, Barrister catherine@catherinereid.co.nz |