Applicant
CW Leasing NZ Pty Ltd; Sigma Healthcare NZ Limited
Case number(s)
202600151
Decision date
Type
Decision
Topic
Overseas investment
DecisionConsent granted
Section 13(1)(c) of the Overseas Investment Act 2005
Decision makerToitū Te Whenua Land Information New Zealand
Decision date17 March 2026
PathwaySignificant business assets – Primary consent
InvestmentAcquisition of a leasehold interest in approximately 2.1 hectares of non-sensitive land at 2 Langley Road, Wiri, Auckland, used in carrying on business in New Zealand for a consideration exceeding $100 million
ConsiderationWithheld under section 9(2)(b)(ii) of the Official Information Act 1982
Applicants

CW Leasing NZ Pty Ltd
Australia 88%
United States 5%
Various 7%

Sigma Healthcare NZ Limited
Australia 53%
New Zealand 40%
Various 7%

VendorAS NZ Property (Wiri) Pty Limited
Australia 100%
Background

CW Leasing NZ Pty Ltd is ultimately owned by Australian listed company Sigma Healthcare Limited. The listed company also majority owns Sigma Healthcare NZ Limited.

They are leasing a distribution centre to support the operation of their pharmacy business.

Consent was granted as the national interest test was met.

More informationGlenn Shewan
Bell Gully (Auckland)
PO Box 4199
Auckland 1140